UK govt delays renewables CfD decisions until autumn
Wind farm in Scotland. Author: Neil Williamson. License: Creative Commons, Attribution-ShareAlike 2.0 Generic.
The UK government has postponed vital decisions on the availability of support to the offshore wind and wider renewables industry until at least the autumn, prolonging the uncertainty for the sector in Scotland in particular.
The Department of Energy and Climate Change (DECC) was supposed to publish information regarding the Contracts for Difference (CfD) for offshore wind and other renewable energy projects by July.
The delay of the announcements could directly affect jobs and investment in Scotland, energy minister Fergus Ewing commented today. Existing projects on the Scottish islands could take many years to complete and the uncertainty surrounding their financing could scare off potential investors, the Scottish government said in a statement.
“While this industry is making good improvements the UK Government continues with its obsession on nuclear energy by building the world’s most expensive power station, at a cost to the taxpayer and bill payer of around forty five billion pounds,” said Ewing.