The Energy Bulletin: Regulations round-up September 2015

Check out our latest regulations round-up for all the new market changes and regulation updates for September 2015, from the extension of the CMA final proposals to the latest FiT updates…

energy-industry-regulations-september-2015

CMA – Extended Timetable for final decision

The Competition and Markets Authority has announced it will be extending its timetable for publishing its final proposals by six months; from 25 December 2015 to 25 June 2016.  It is now planning to publish its provisional decision on remedies in January 2016 with a view to reaching its final decision by the end of April 2016.

Read more: https://www.gov.uk/government/news/cma-extends-energy-investigation-timetable

DECC – Decision on FiT Pre-Accreditation

In the past few months there have been a number of damaging cuts to renewable support including early closure of the Renewable Obligation (RO) to small scale solar PV and onshore wind and removal of Climate Change Levy (CCL) exemption for renewable generators.  There has also been the decision from DECC to remove pre-accreditation from the Feed-In Tariff (FiT) scheme effective 1 October 2015.

Read more: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/461740/150917_Government_response_to_FIT_pre-accreditation_consultation.pdf

DECC FiT Scheme Review

DECC recently published a consultation on the FiT review proposing deeper tariff cuts, a cap on overall spending and the potential closure of the scheme completely.  The consultation proposals include revised tariffs based on updated technology cost data and phased closure of the scheme in 2018-2019.  It states that if measures cannot be put in place on a sustainable basis there should be an end to generation tariffs for new applications as soon as legislatively possible – expected to be January 2016.  The consultation closes on 23 October 2015.

Read more: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/458660/Consultation_on_a_review_of_the_Feed-in_Tariffs_scheme.pdf

 

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