The Department for Business, Energy and Industrial Strategy
today (26 June 2019) laid regulations to enact an extended
allocation of Tariff Guarantees on the Renewable Heat
Incentive (RHI).
Tariff Guarantees provide investment certainty to larger,
better value for money installations on the Renewable Heat
Incentive. These will make a significant contribution to
our stretching, legally binding carbon targets. Under
existing arrangements, eligible installations granted a
tariff guarantee were required to commission by 31 January
2020.
Changes laid in Parliament today will enable existing
applicants to withdraw their tariff and reapply to achieve
a later commissioning date, enabling a pipeline of new,
large renewable heat plants.
Since the implementation of Tariff Guarantees, the
government has granted 43 tariff guarantees for large scale
projects, the majority of which produce biomethane for
injection to the gas grid.
Energy and Clean Growth Minister said:
As the first major economy to legislate for net zero
emissions, we must act to reduce emissions from heat and
industry – one of the hardest sectors to decarbonise.
That’s why we’re giving investment certainty to a number
of renewable industries with an extended allocation of
Tariff Guarantees on the Renewable Heat Incentive.
This will unlock significant investment across the
renewable heat sector – an important step on our way to
achieving net zero emissions by 2050.
Further announcements will be made regarding the progress
of this legislation in due course.
