‘Urgent’ decisions needed for renewables industry

The UK Government urgently needs to make up its mind about its support for the renewables industry, according to trade bodies. The comment comes after DECC announced it is still […]

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By Priyanka Shrestha

The UK Government urgently needs to make up its mind about its support for the renewables industry, according to trade bodies.

The comment comes after DECC announced it is still discussing and finalising the proposals on financial support for the sector as Ministers failed to come to an agreement yesterday.

Maria McCaffery, Chief Executive of RenewableUK said the Government can’t afford to delay the announcement any more.

She said: “Any further delay in an announcement could have a devastating impact on investor confidence, job creation and the deployment of clean energy… It is imperative that investment and job creation are not harmed in one of our key growth sectors. The industry is demanding clarity at the earliest possible opportunity as a matter of urgency”.

The Renewable Energy Association (REA) has also called for certainty in response to the delay.

Gaynor Hartnell, REA’s Chief Executive said: “Those within DECC know that this delay is immensely damaging to the industry and will be seeking to resolve things as rapidly as they can. Developers need certainty and soon.”

Under the proposals, support for offshore wind would be reduced by 5% in April 2015 and a further 5% in April 2016.