Businesses, campaign groups, industry bodies and the public have united to press the Chancellor to halt his proposed VAT increase on household solar and storage equipment, a move they argue will slow the country’s journey to net zero emissions. The government proposed a VAT rise on household solar and storage technology from five to 20 per cent in June, and it is due to come into effect on October 1.
Business Green 6th Sept 2019 read more »
Edie 6th Sept 2019 read more »
The levellised cost of solar PV has fallen so far that all across Europe it is now beating spot wholesale electricity prices, and even with the addition of two hours’ storage it is still beating spot prices in some countries. Those are two of the findings of a new report from Christian Breyer, professor of solar economy at Finland’s Lappeenranta University of Technology, who has wrapped up new data and forecasts and reinforced the view that solar PV is by far the cheapest form of bulk energy in many parts of the world, and is still competing with the addition of storage.
Renew Economy 3rd Sept 2019 read more »
Leonie Greene: It’s coming… the first election in the UK since our country committed to Net Zero and declared a climate emergency. Despite delivering record cost reductions and sparking unprecedented technological innovation, solar has been marginalised in recent years. That must change. No technology beats solar on popularity and ability to empower millions to act, and globally no clean energy market beats solar for sheer size and rate of growth. The net zero target means introducing stable and effective new policies immediately. Only concerted effort now, by all government departments and all sectors of the economy and society can deliver. At the STA we are looking for all party manifestos to recognise the two areas where we need systemic change so urgently that all other policy initiatives risk limping without them. First, solar energy is held back in the UK by a tax framework too often distorted in favour of fossil fuels. For years now, we have beaten our increasingly sore heads against Treasury walls on VAT, business rates, capital allowances, the Climate Change Levy and more besides.
Solar Power Portal 6th Sept 2019 read more »