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The renewable energy industry is celebrating government commitment to one particular form of renewable, pledging over £800 million of Renewable Heat Incentive (RHI) payments will be available from next year.
One aim of the RHI is to encourage capture of heat produced through waste disposal that would otherwise be lost – thereby contributing to the UK’s climate change goals. It seems likely that anaerobic digestion (AD), which produces heat by harvesting biomethane from organic waste, will be a major beneficiary.
The RHI will also be ‘grandfathered’ – that is, protected from future revisions to give confidence to the market. In times of austerity, a secure source of state funding is unlikely to be ignored – AD may be about to move into the mainstream.
As more Non-Departmental Public Bodies (NDPBs) are merged (or demerged) to boost efficiency and accountability, how does that process impact on the employees?
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The Financial Conduct Authority has published a feedback statement: the latest effort in its ongoing push to foster competition through innovation.
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