Solar Industry News
SolarUK Ltd maintains a watch on current news about our industry. We have presented our up to date list of news items below.
Renewable Energy generation Record due to Solar
In Q1 2016 renewables generated more than a quarter (25.1%) of the UK’s electricity despite lower than expected wind speeds and rainfall. That figure was up 2.3 percentage points on generation recorded in Q1 2015, helped along by significant new solar capacity.
Source: solaruk, Date and Time of entry: 15 August 2016 13:53
UK lacks policies to meet more than half its carbon emissions cuts – report
National carbon emissions have fallen by over 4.5% a year since 2012, but almost entirely due to increases in green electricity from renewables and lower coal use, with virtually no reductions in the rest of the economy.
Source: solaruk, Date and Time of entry: 01 July 2016 08:56
Brexit could see ‘greater levels’ of new energy capacity but ‘increase bills'
Economics consultancy Oxera has suggested that the energy market stands to be significantly disrupted in the event of a vote to leave the EU, particularly in relation to the country’s policy of importing energy from continental Europe through its interconnectors.
This energy, Oxera said, is effectively subsidised to the tune of between £8 and £8.50 per megawatt hour due to the differences in carbon prices and generator charges between countries, effectively distorting the UK’s own energy sector.
Source: solaruk, Date and Time of entry: 20 June 2016 17:12
Consequences of investing in renewables!
German wholesale electricity prices briefly go negative, people are being paid to use electricity!!!
Source: solaruk, Date and Time of entry: 20 June 2016 17:11
South Austrailia becomes self sufficient on Renewable Energy
South Australia runs entirely on renewable energy following coal plant closure
Source: solaruk, Date and Time of entry: 20 May 2016 08:25
Self Sufficiency in energy in Portugal
Portugal runs for 4 days straight purely on renewables
Source: solaruk, Date and Time of entry: 20 May 2016 08:24
No change to VAT on Solar until 2017
In spite of the European court ruling that the 5% vat rate on Solar was an incorrect interpretation of the VAT rules HMRC have decided not to put the rate up to 20%!
Source: solaruk, Date and Time of entry: 14 April 2016 07:47
Battery Storage solutions are here
Excess solar energy from PV panels can now be economically stored and used to power households when the sun goes in.
Source: solaruk, Date and Time of entry: 24 February 2016 15:16
FIT accreditation to close hours earlier than expected
Firms seeking to make last-minute online applications for solar systems under the current feed-in tariff have been given even less time to act due to online registration portals closing early today.
A message displayed on Ofgem’s Renewables and CHP Register claims the register will be unavailable between 5-10pm to allow the regulator to process the large volume of applications for FIT Preliminary Accreditation (PA).
Source: solaruk, Date and Time of entry: 14 January 2016 17:08
Government sets future domestic feed-in tariff rate at 4.39p per kWh
Any installation made after 15th Jan 2016 will not be eligible for the previous rates and will receive the new 4.39p rate from 8 February onward. The first rate will run from 8 February to 31 March, after which degressions will begin to occur.
Source: solaruk, Date and Time of entry: 17 December 2015 08:24