Archive for June, 2014

Government claims that 1GW of solar will be £243 million cheaper under CfDs

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Government claims that 1GW of solar under the new Contracts for Difference (CfD) mechanism will be £243 million cheaper than under the previous Renewable Obligation (RO) scheme.

The figures make the case for the government’s current proposals to remove all RO support for solar over 5MW from April 2015, a move that the Department of Energy and Climate Change says is necessary in order to preserve the budget in the levy control framework (LCF).