25 August 2012

Governments view on renewables – Renewable Energy Association View

After delay and controversy, DECC has announced the RO banding conclusions. Renewable power now set to deliver jobs and growth but uncertainty remains in several areas. Martin Wright, Chairman of the Renewable Energy Association (REA) said: “We welcome the publication of the RO Banding decision, but it is not before time. Government has re-affirmed its commitment to the renewables industry, but we are concerned about the further reviews facing many technologies, which is likely to inhibit investment. “Business confidence is essential to realise the vast potential of this industry, in which the UK still lags behind the rest of the world. Companies will not invest without stable Government policy delivered in a timely manner. At such a critical time for the economy, this country cannot afford any further political wrangling that puts at risk future investment and job creation. “The Chancellor’s recent letter to the Energy Secretary showed a serious misalignment between the attitude of Treasury and other Government departments charged with delivering a growing, low carbon economy. The Treasury appears to be frustrating the creation of a comprehensive energy policy for short-term economic and political gain. It is time energy policy properly reflected the long-term interests of the nation.” Too read more ...

http://www.r-e-a.net/news/rea-response-to-the-governments-conclusions-on-ro-banding-levels