Feed-In Tariff
World Bank suggests a new strategy could transform Vietnam into a solar powered metropolis, creating thousands of jobs
Following the closure of the Feed-in Tariff (FiT) scheme to new applicants in March 2019, the government has acknowledged that small-scale renewable energy generators need to be paid for the electricity that they export to the grid.
The energy supplier failed to make some of the FiT payments that were due as part of the payment plans previously set out with the regulator
Around 327MW of onshore and offshore wind capacity has been installed so far
The Smart Export Guarantee places a legal obligation on energy suppliers with more than 150,000 customers to introduce export tariffs by 1st January 2020
The supplier was previously banned from taking on new customers due to its poor switching process and customer service
It consists of 30 rooftop installations at schools, leisure centres, colleges, swimming pools and local businesses
It comes as the government’s Feed-in Tariff (FiT) scheme closes today
The Big Six supplier received £4.07m more in payments from the annual levelisation fund than what it was entitled to
The initiative will support the deployment of 350MW of capacity
Popular Posts
-
US startup unveils battery made from nuclear waste that could last up to 28,000 years
-
Smiley face emoticons “save people energy”
-
Coronavirus face masks ‘could have a devastating effect on the environment’
-
3 of the oddest things we’ve read about the smart meter roll-out
-
The Wildlife Trusts launches appeal to raise £30m for the recovery of 30% of land and sea by 2030
-
Renewables ‘secure 44% share of UK electricity mix’ in second quarter of 2020
