|
The latest position on degression caps (i.e. whether and by how much they have been breached) is usually available on the Ofgem website here but the website is down at the time of writing.
The BHA have pointed out that there is currently only 24kW of the 1.1MW capacity available for this quarter in the sub-100kW FiT band for hydro. If the maximum band capacity of 1.1MW is reached before the end of March, then a 10% contingent degression would be triggered which would lower the FiT rate for any future new schemes. If you attempt to pre-accredit a scheme which is greater than the remaining capacity you will both trigger the degression and suffer the 10% reduction for your scheme. If you wait until April when new capacity is available you will only suffer a very small default degression.
1 Comment
Gavin King-Smith
27/3/2016 13:22:06
Unfortunately the 0-100kW cap was apparently just breached by an accreditation on on 17 March so degression will kick in. Leave a Reply. |
NEW
To have changes to the News pages notified to your email account we suggest you might sign up to Blogtrotter here. Simply copy the link (URL) below and paste it into the appropriate field in Blogtrotter and add your email address. www.microhydroassociation.org/1/feed
AuthorThis is a blog to replace the Latest News Page for the Micro Hydro Association so that you can use the RSS feed below. Previous News is still kept on the Home Page. From Administrator. Archives
May 2017
Categories
All
|
RSS Feed