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Renewable Policy Analysis - Q3, 2011

GlobalData, Nov 2011, Pages: 14


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Renewable Policy Analysis - November, 2011

Summary

This report includes policy updates on the major countries. There are around 15 news stories covered in the report. In addition to it, following two articles are covered in detail -

1. UK Government to Cut FITs for Solar
As part of the budget cuts, the UK government has proposed a reduction to the tariffs paid for power generated from solar PV installations. The Department of Energy and Climate Change (DECC) announced that the feed-in tariffs for solar PV projects would be reduced by around 55%. The new rates will be applicable for projects installed on or after 12 December 2011 and will be effective April 2012 onwards. The existing projects and those installed before 12 December 2011 will continue to receive the existing tariffs. The government opted to reduce the tariffs rather than eliminate them so as not to threaten the feasibility of the whole scheme.

2. Ontario Government to Review its Feed-in Tariff Progarm
Since the introduction of the feed-in tariff program, the state has offered contracts to around 2,500 medium and large-scale projects under the feed-in tariff program. More than 11,000 micro feed-in tariff projects have been connected or are expected to connect in the near future. In total, projects totaling to a capacity of around 4500 MW have been installed under this program.

Scope

Its scope includes -
- Featured Articles: Analytical articles related to the impact of major policies on the renewable energy market.
- UK Government to Cut FITs for Solar
- The article includes information related to reduction in feed-in tariffs for solar installations
- Ontario Government to Review its Feed-in Tariff Progarm
- The information on review of feed-in tariff program in Ontario, amendments to the program and to whom will the amendments be applicable.

Reasons to buy

- The “Renewable Policy Analysis” provides in depth study of the major renewable policy developments across the globe. It gives regulatory updates for the global renewable energy market which can help the individual/company frame their business strategies while minimizing regulatory risks.
- Analyze the impact of changing regulations on the market movement
- UK Government to Cut FITs for Solar – Provides insights on the amendments made to the feed-in tariff structure for solar PV installations in UK.
- Ontario Government to Review its Feed-in Tariff Progarm - The article elaborates the review of feed-in tariff program as announced by the government of Ontario.

Keywords

Feed-in Tariffs, Ontario FIT, FIT Review, FIT Cuts, UK FIT



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