nuclear-news

The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

UK govt incentives for nuclear, coal gas – work against renewable energy development

Dave Toke’s Blog 20th Oct 2018 UK Renewable trade associations are fighting for the survival of the renewable industry against an onslaught led by the Treasury. If the Treasury gets its way almost all future development for renewable energy in the UK will be stopped.
Continued incentives and tax breaks for nuclear power, shale gas and conventional power stations will, however, remain in place.
The Treasury is pushing for:
a) An end to the policy of issuing CfDs as part of the scheduled review of electricity market reform which takes place next year.
b) The ending of all incentives to solar pv, including for solar power exported to the electricity distribution system.
c) The ending of the carbon price floor which makes fossil fuel more expensive and non-fossil sources relatively cheaper.
http://realfeed-intariffs.blogspot.com/2018/10/renewables-lobbies-fight-to-stave-off.html

Advertisements

October 22, 2018 - Posted by | ENERGY, UK

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: