US Judge prevents exclusion of bifacial PVs from list of import duty exemptions
Dec 06, 2019 11:30 CESTOctober 18 (SeeNews) - Between February and June 2015 the UK’s forecast for Levy Control Framework (LCF) costs in 2020-21 jumped to GBP 9.1 billion (USD 11bn/EUR 10bn) from GBP 7.1 billion, and a report out today shows which technologies contributed to that increase.
The forecast changed due to new assumptions on deployment, load factors and wholesale prices. For example, an increase in the assumed load factor for offshore wind capacity has contributed about GBP 610 million towards the GBP 2.03 billion change in the LCF projections, the report by the National Audit Office (NAO) shows. Meanwhile, solar deployment has contributed just GBP 130 million.
The LCF covers the now-ended Renewables Obligation (RO), the much-reduced Feed-in Tariffs (FiTs) and the newer Contracts for Difference (CfDs). The reasons for the apparent overspend on the LCF, broken down by the NAO, are shown in the table. Figures are in GBP.
Impact on 2020-21 costs | Explanation | Scheme |
320 million | Increase in assumed load factors for offshore wind |
RO |
320 million | Change to lower forecast wholesale price of electricity |
CfD |
290 million | Increase in assumed load factors for offshore wind |
CfD |
250 million | Increase in expected deployment of offshore wind |
RO |
190 million | Increase in expected deployment of onshore wind |
FiT |
140 million | Increase in expected deployment of anaerobic digestion |
FiT |
130 million | Increase in expected deployment of onshore wind |
RO |
100 million | Increase in expected deployment of hydro |
FiT |
90 million | Increase in expected deployment of solar |
RO |
90 million | Increase in expected deployment of advanced waste-to-energy tech | RO |
50 million | Increase in assumed load factors for onshore wind | RO |
40 million | Increase in expected deployment of solar |
FiT |
20 million | Increase in assumed load factors for onshore wind | CfD |
“The unexpected growth in solar power was repeatedly fingered as a key reason for the overspend on renewables. In fact NAO analysis shows solar accounts for only 6% of the overspend – but solar has borne the brunt of corrective measures,” Paul Barwell, CEO of the Solar Trade Association (STA), said in a statement commenting on the NAO report. The organisation is calling for a new CfD round for established technologies, which includes solar, and some changes to the “troubled FIT scheme”.
(GBP 1 = USD 1.22/EUR 1.11)
US Judge prevents exclusion of bifacial PVs from list of import duty exemptions
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