Privilege Finance says the investment is linked to the Renewable Heat Incentive scheme, which offer payments for biomethane injected into the grid
It is now open until 31st January 2021
The Climate Change Committee estimated that bioenergy’s total contribution to UK total energy could more than double by 2050.
Hull academy reaps financial rewards of renewable heat payments
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The Public Accounts Committee (PAC) says the scheme has not come close to meeting its “wildly over-optimistic” take-up forecasts
The government’s Renewable Incentive Scheme (RHI) has not achieved good value for money. That’s according to the National Audit Office (NAO), which says the initiative has had much lower rates of adoption than originally hoped for and has been taken advantage of by unscrupulous participants. The RHI was launched to encourage a shift to low carbon […]
Ofgem has confirmed it is investigating three cases of suspected fraud related to the Renewable Heat Incentive (RHI) scheme in Northern Ireland. The values range from £48,000 to £350,000 while the third could potentially be worth around £2.5 million. The information was provided in response to a freedom of information request. Under the RHI scheme, […]
The government has confirmed new reforms for the Renewable Heat Incentive (RHI) scheme. The announcement follows a consultation in March, which was criticised by the sector as BEIS proposed tariff reductions of 45% for parts of the biomass heat sector. It was believed that could lead to a 98% drop in installations. Under the new plans, the government […]
The government has proposed a compromise deal to soften changes introduced to tariffs for certain biomass combined heat and power (CHP) plants. In July, the government announced changes to the Renewable Heat Incentive (RHI) tariffs for biomass CHP projects with under 20% power efficiency. According to the Renewable Energy Association (REA), they were announced with […]