The Renewable Energy Foundation today welcomed DECC’s announcement of cuts to overall renewables subsidies that will contain costs to the domestic consumers and the wider economy.
In a shock announcement Ed Davey has today made public sweeping changes to the Renewables Obligation subsidy system, including cuts to wind power subsidies and a major change of emphasis to encourage the use of biomass in converted coal power stations, which is one of the cheapest ways of generating green electricity. The UK already has one such conversion, at Tilbury, thought to be the world’s largest biomass generator.
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