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Green Building Bible, Fourth Edition
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Renewable Energy: Predictions wanted on DECC FIT changes(if any)on wind next month !!

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    • CommentAuthorwindyboy
    • CommentTimeNov 21st 2011
     
    Hi ladies and gentlemen....has anybody heard any rumours "on the street" what DECC may or may not do on wind turbine FITS next month ? Do you think they will do a PV "SLASH AND BURN" exercise ? I would appreciate anyones thoughts on this.....thanks Windyboy.:confused:
    •  
      CommentAuthorDamonHD
    • CommentTimeNov 21st 2011
     
    Looking at relatively low proportion of wind FiTs in the system, I doubt it.

    But the answer is blowing in the wind...

    Rgds

    Damon
    • CommentAuthorCWatters
    • CommentTimeNov 21st 2011
     
    I did wonder if they will do something to link FITs to wind speed data? They keep saying turbines shouldn't be in low wind speed areas.
    •  
      CommentAuthorted
    • CommentTimeNov 21st 2011 edited
     
    I can't imagine that DECC could justify doing anything that would reduce the take up of wind to a level even lower than at present. The rates really have to be set based on ROI to comply with EU requirements, which means (as with PV) the tariffs reflect the investment cost.

    Failing to incentivise at the right level ('meeting the hurdle rate' in DECC-speak) just means that the rate, if dropped, would have to be raised again at the next review - which would make DECC look even more stupid than they already appear.

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