The UK government proposed in 2015 swingeing reductions (and the possible closure) of the FiTs. The eventual outcome was slightly less draconian
17-Dec-15 Government announces changes to FiTs
The changes announced by the government paid scant heed to the 55,000 responses to its earlier consultation.
The main changes to the scheme were:
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A ‘pause’ from 15th January – 8th February 2016
This means that any projects not registered by 15-Jan-2016 will be caught by the lower tariffs and other rule changes below.
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Caps on the capacity supported by FiTs
See further details of the quarterly caps here
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Changes to the tariff levels
Mostly reductions – in some cases over 60% – see the new tariffs here
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Adjustments to the degression mechanism
Setting out planned degression until 2019 and adding contingent degression if the above capacity caps are reached.
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Re-introducing pre-accreditation
… which was withdrawn after another consultation in 2015
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making extensions to existing plants ineligible under FiTs
27-Aug-15 Consultation on review of the Feed-in Tariffs
In addition to the normal aspects expected in each review, this consultation proposes:
- Swingeing reductions to the tariffs for many technologies
- The prospective closure of the Scheme from January 2016
The government documents are available here, and consultation closed on 23-Oct-15