Over 70 energy infrastructure projects could be at risk as a result of proposed Government changes to Renewable Obligation Certificate (ROC’s) banding.
This is a claim made by the Renewable Energy Association (REA) which last week saw, the end of the consultation on this. The REA claim that the changes to the banding have been made too quickly, causing uncertainty for investors. The combined total as regards energy output from the projects at risk, totals over 800Mw with a capital value of £3.6bn.
The REA also claim that the changes could put jobs at risk including 3000 operating jobs, 14,500 construction jobs and 6500 jobs in transport, admin and manufacturing.
The proposals from DECC would see the current standard and advanced ACT (Advanced Conversion Technologies) bands replaced. From 2013, ACT projects using internal combustion engines would fall into a combined advanced gasification and pyrolysis band and receive 2 ROC’s per MWh, falling to 1.8MWh by 2017. The standard ACT band would have its support reduced to from 1 ROC/MWh to 0.5 in 2013.
DECC have stated that the proposals would generate 70 – 75TWh of renewable electricity in theUKby 2017 which equates to 70% of theUK’s 2020 renewable energy target.
The REA have also voiced opposition to the proposed banding level for energy from waste (EfW) projects with combined heat and power (CHP). It said that proposals to cut support from 1 to 0.5 ROC’s/MWh were based on flawed data which will impact on the deployment of these technologies.
Source: MRW 20 January 2012 and Renewable Energy Association (REA)
Link to full article www.mrw.co.uk/8625075.ARTICLE