Solar industry takes tariff fight to Lords
Tuesday 21 June 2011
Solar industry campaigners have their last chance to save much-needed subsidies today as MPs meet to decide if the Government's controversial cuts warrant a debate in the House of Commons.
The Merits Committee, chaired by Lord Goodlad, is to consider a letter co-signed by some 58 organisations and businesses – including the Solar Trade Association, the Co-operative, and the Town and Country Planning Association – calling for a rethink of Government plans to slash the "feed-in tariff" (FiT) scheme barely more than year after it was introduced.
The committee could trigger a parliamentary debate and vote on the Government's proposals to cut the subsidy rates available to solar power projects of more than 50 kilowatts (kW) – roughly the size of a hospital or housing association scheme – by between 38 and 70 per cent. If the changes go ahead the industry argues it is unlikely any projects of more than 50kW will be built.
Much of debate centres on the comparative cost of solar power. A report from the Climate Change Committee last month backed new nuclear as the cheapest option for the green power Britain needs to hit its carbon-reduction targets. But the solar industry disputes the point, claiming that solar costs should be compared with retail prices, because of the scale of the technology.
A report from Ernst & Young yesterday suggests that solar will compete with retail grid prices as soon as mid-2012, if current subsidy levels are maintained, rather than the mid-2016 "parity" point with wholesale costs. Plans to rejig the FiT will hike solar energy prices still further by pushing investment back down to smaller, less efficient installations, says E&Y.
- 1 Tamir Rice: 12-year-old boy playing with fake gun dies after being shot by Ohio police
- 2 To help fuel their propaganda machine against the poor, our government has now decided to redefine the word 'welfare'
- 3 Bill Cosby: Isn’t it obvious why his accusers have stayed silent up until now?
- 4 Halle Berry takes ex-boyfriend Gabriel Aubry to court for allegedly trying to make daughter look less African-American
- 5 Isis propaganda image showing 'abuse of Muslim woman by soldiers' is actually taken from Hungarian porn film
Tamir Rice: 12-year-old boy playing with fake gun dies after being shot by Ohio police
Ferguson decision: Tea Party website mocks Michael Brown's family over T-shirt typo
Michael Brown shooting: Ten things we know – or know better – now the Ferguson grand jury's work is over
Isis propaganda image showing 'abuse of Muslim woman by soldiers' is actually taken from Hungarian porn film
Derren Brown on the disappointment of coming out: 'It’s not that people react badly to it – they really don't care'
Rochester by-election: Ukip gains second MP as Tory defector Mark Reckless holds seat
'Beast of Bolsover' Dennis Skinner takes Ukip MP Mark Reckless to task moments after he is sworn in
Rochester by-election: Labour MP Emily Thornberry resigns after posting white van and England flags tweet
The young are the new poor: Sharp increase in number of under-25s living in poverty, while over-65s are better off than ever
Revealed: How the world gets rich – from privatising British public services
Exclusive: UK approved £7m Israeli arms sales in six months before Gaza conflict
iJobs Money & Business
£Attractive: Citifocus Ltd: High calibre individual with significant product d...
£Negotiable: Citifocus Ltd: Leading global bank seeks experienced credit analy...
£Attractive Package: Citifocus Ltd: High calibre individual with a high degree...
£Attractive: Citifocus Ltd: High calibre individual with superior academics an...