Early tariff review for non-domestic Renewable Heat Incentive
The Renewable Heat Incentive (RHI) is, as the government likes to boast, the world’s first long-term financial support programme for renewable heat. It launched in November 2011 with a scheme that pays industry, business and the public sector for installing certain renewable heat technologies on their properties. The overall aims of the scheme are: to ensure that renewable heat can make an effective contribution to the UK’s 2020 renewable energy targets; to support the UK renewable heat industry; and to achieve decarbonisation of our heat supply by 2050. A similar scheme for domestic heat is expected to launch next year.
In July 2012, the government consulted on proposals for a system of budget management in the RHI and the following month it commissioned the Sweett Group to provide new evidence on costs and performance assumptions of renewable heat technologies…
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