Ministers are considering a new form of subsidy for small-scale and tidal projects, according to a senior civil servant Decc. At a recent renewable conference in London, director of clean electricity for the Department of Energy and Climate Change (Decc) Michael Rutter said the department had held a series of meetings with independent generators and utilities to discuss how a so-called ‘subsidy-free’ CfD for small-scale projects and tidal power might work. A ‘subsidy-free’, or ‘market stabilising’ CfD is a new form of limited subsidy being mooted for mature renewables technologies such as onshore wind. It would offer a limited amount of government support, and circumvent EU rules on State Aid.
Utility Week 23rd Feb 2016 read more »
The European Commission’s largest research and innovation programme – Horizon2020 – has awarded a grant of €10 million (£7.75m) to Scotrenewables’ floating tidal energy technology. The Floating Tidal Energy Commercialisation (FloTEC) project will demonstrate the potential for floating tidal systems to provide low-cost, high-value energy to the European grid mix.
Scottish Energy News 24th Feb 2016 read more »