REA comments on Tariff Guarantee extension
Dr Nina Skorupska CBE FEI, Chief Executive at the REA said:
“The decision to extend the Tariff Guarantee Scheme shows strong leadership from the Government when it comes to deploying larger scale heat decarbonisation projects. Reviewing the scheme in light of the impact of Covid-19 and adapting it is exactly the type of governance needed if we are to bounce back from the lockdown whilst adhering to our legally binding Net Zero targets.
Despite this, the announcement rings bittersweet for a number of those in the heat sector. Choosing not to extend the Non-Domestic RHI further alienates a number of renewable heat technologies and projects that are already facing a twelve-month policy gap. Unless supported, potential for growth in renewable heat will be undermined and the already established sector at risk of financial collapse and loss of jobs.”
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For further information, contact:
- Hayley Allen
External Affairs Officer
Notes to editors
- Companies that applied to the government’s tariff guarantee scheme before June 29 will have an extra 14 months to get their low-carbon heat generators up and running.
- The full announcement is available here.
About the REA
The Association for Renewable Energy and Clean Technology (known as the REA) is the UK’s largest trade association for renewable energy and clean technologies with around 550 members operating across heat, transport, and power. The REA is a not-for-profit organisation that represents renewable energy and clean technology companies operating in over fourteen sectors, ranging from biogas and renewable fuels to solar and electric vehicle charging. Membership ranges from major multinationals to sole traders.