Future of biomass uncertain

02-02-10

Industry experts have warned that building new facilities providing renewable energy from biomass in the UK has suddenly become uncertain as current legislation is having a significant impact on the financing of biomass facilities.

The issue, which has seen the development of many new plants come to a halt, relates to the principle of ‘grandfathering’ of Renewable Obligation Certificates.

Grandfathering acts as a type of lock mechanism designed to protect the investment in renewable energy by guaranteeing a certain banding of ROCs for the life of the facility.


Source: www.mrw.co.uk/page.cfm/action=Archive/ArchiveID=10/EntryID=6250

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Category: Biomass, other than pellets, England