Feed in Tariff
The Feed-in Tariffs (FIT) scheme was a government programme designed to promote the uptake of renewable and low-carbon electricity generation technologies. Introduced in 2010, it closed to new applicants on 31st March 2019[1] and requires participating licensed electricity suppliers to make payments on both generation and export from eligible installations [2]. From 1st January 2020 it was replaced by The Smart Export Guarantee (SEG)[3].
The FIT scheme is available for anyone who has installed one of the following technology types up to a capacity of 5MW, or 2kW for CHP:
- Solar photovoltaic (solar PV)
- Wind
- Micro combined heat and power (CHP)
- Hydro
- Anaerobic Digestion (AD)[2].
All bioliquid stations and solid biomass and/or biogas stations (ie Anaerobic Digestion) ≥1MW must report against and meet particular sustainability criteria in order to be eligible for Renewable Obligation Certificates (ROCs). Solid biomass and/or biogas stations <1MW are required to report against the sustainability criteria, but receiving ROCs does not depend on meeting the criteria[4]. Hence projects that claim under the FIT scheme need to comply with the Biomass Sustainability reporting requirements.
References
- ↑ FITs - Essential Guide to Closure of the Scheme Ofgem
- ↑ 2.0 2.1 Ofgem, 2019. About the FIT scheme. Ofgem. [online]. [Accessed 30 Oct. 2019].
- ↑ Ogem Guidance for Generators
- ↑ Link to Ofgem Website