This is worth a read through, in case you haven't already. Smells wrong to me, this document was put together 13th July, they've moved very quickly on this haven't they.....just in time for the summer break....
There is no need for a knee-jerk reaction from the industry, there is time for this impact to become clearer, but there does seem to be a disconnect between the rhetoric and the data....no surprise there....
DECC RO <5MWp Consultation 13Jul15
5. Summary:
60. The preferred option is to close the RO to new build solar PV projects at or below 5MW from 1 April 2016. It reduces spending under the LCF and has a positive NPV. This is set out in Table 3.
61. Table 3 does not, at this stage, include the impact of the removal of grandfathering or the effects of a potential Banding Review. It also does not include the risk of deployment that would have come forward under the RO instead accrediting or pre-accrediting under FITs. The first of these could increase the savings under the LCF, while the second would reduce the savings.
There is no need for a knee-jerk reaction from the industry, there is time for this impact to become clearer, but there does seem to be a disconnect between the rhetoric and the data....no surprise there....
DECC RO <5MWp Consultation 13Jul15
5. Summary:
60. The preferred option is to close the RO to new build solar PV projects at or below 5MW from 1 April 2016. It reduces spending under the LCF and has a positive NPV. This is set out in Table 3.
61. Table 3 does not, at this stage, include the impact of the removal of grandfathering or the effects of a potential Banding Review. It also does not include the risk of deployment that would have come forward under the RO instead accrediting or pre-accrediting under FITs. The first of these could increase the savings under the LCF, while the second would reduce the savings.