saving money, saving energy and saving the planet

Home Energy Saving

Solar Heating

Power from the Sun (Photovoltaics)

Ground and Air Source Heating

Wind Power

Hydroelectric Power

Rainwater Harvesting

Waste Water Recycling and Sewage Treatment

Biomass and Biofuel

Wave and Tidal Power

Combined Heat and Power (CHP)

Trade Associations

Government Departments and Initiatives

Grants

Ecological Organisations

Educational Resources

Events

Bwea Applauds Chancellor

Press Release
25 Nov 2008

The British Wind Energy Association welcomes chancellors announcement to extend renewable obligation to 2037.

BWEA, the UK’s leading renewable energy trade association, welcomed Chancellor Alistair Darling’s commitment in this afternoon’s pre-budget speech to extend the Renewables Obligation (RO) to at least 2037. BWEA believes the move will increase investor confidence; particularly in Round 3 offshore projects, and ensure long term stability for developers and wind farm operators.

Maria McCaffery, BWEA Chief Executive said: “BWEA has been for some time now asking the Government to reiterate its commitment to the Renewables Obligation beyond 2027. If we have Round 3 projects coming on line from 2015, under the previous regime they would have been covered by the RO for only the first half of their projected life cycle. This extension to the RO will bring long term stability and encourage developers to continue with the building programme.”

The Renewables Obligation is a financial incentive mechanism designed to encourage deployment of renewable energy capacity in the UK, introduced in 2002. Since then the RO was instrumental in bringing over 19GW of wind energy capacity into the UK planning system offshore and onshore.

For more information please contact:
Nick Medic
Communications Manager
BWEA
1 Aztec Row
Berners Road
London N1 0PW
T: +44 (0)20 7689 1935
F: +44 (0)20 7689 1969
www.bwea.com

Ends
###

Notes for Editors:

www.therenewableenergycentre.co.uk

The Renewable Energy Centre is committed to informing all online users about energy saving and renewable energy in order to:

  • increase public awareness through accurate and informative resources
  • create business opportunities throughout the UK through its’ local and national directories.


For more information contact:

Angela Gallacher (Head of Press and Marketing)
Email:
Telephone: +44 (0)1926 865 835
Address: 1 Alpha House, Farmer Ward Road, Kenilworth, Warwickshire, CV8 2ED

Sponsored Links