Assuming that the government is to meet its binding 2020 targets and wishes to be a credible body at the Paris conference, the REA hopes to find at least some of the following commitments in the Chancellor’s financial statement later today:
- A renewed Renewable Heat Incentive budget
- Review strategy for Zero Carbon Homes & buildings standards
- Policy for heat networks
- Interim Renewable Heat Incentive budget
- Tax relief / lower council tax / property tax relief for onsite renewable heat, solar, storage
- Capital grants for solar and storage
- Energy efficiency scheme
- Levy Control Framework budget confirmed beyond 2020 Contract for Difference round
- Timing for next Contract for Difference round confirmed
- Announce financial support for community energy projects
Frank Aaskov, REA Policy Analyst, said: “Certain policies are critical. The Renewable Heat Incentive is core to reaching the Government’s 2020 targets.
“We need to accelerate the growth of low carbon heat to hit our 2020 targets to deliver cost effective CO2 emission reductions and enhance energy security.
“The recently announced dash-for-subsidised-gas is not a realistic option.
“Without strong policies for Renewable Heat confirmed, the government has effectively given up on reaching their 2020 targets and will be facing heavy fines.
“Heat represent a third of all UK carbon emissions and if the Government is serious about Climate Change, it needs to get serious about decarbonise heat by confirming the Renewable Heat Incentive.
“Supportive policies are required to ensure that renewables such as solar, biomass, and energy storage are continued to be installed in the UK. The UK has become a world leader in the development and installation of renewable technologies over the past decade, an occurrence which has created tens of thousands of skilled jobs.
“The renewables industry has been concerned in recent months by twelve proposed and approved damaging policy changes that signal the government’s sudden lack of commitment to the renewable economy. Now, in the days leading to the Paris Climate Conference it is clear that there is divergence between the direction of the world and the direction of the UK.”