Solar market United Kingdom – UK feed-in tariff
With the passage of the feed-in tariff in April 2010, the United Kingdom solar photovoltaics market is positioned for rapid growth in the coming years. It supports projects up to 5 MWp and closely follows the German model, with adjustments for inflation and a degression rate to encourage efficiency.
With a national target of 15% of energy from renewable sources by 2020 and greater support to local authorities to encourage renewable development, the UK government is signaling its commitment to clean energy.
This increased support for renewable energy is developing in tandem with huge investment in the transmission system, paving the way for greater development in the future. The EPIA predicts that under a moderate scenario, the market could grow from a current capacity of 34 MWp to 734 MWp or as high as 1224 MWp under more aggressive policy by 2014.
With a national target of 15% of energy from renewable sources by 2020 and greater support to local authorities to encourage renewable development, the UK government is signaling its commitment to clean energy.
This increased support for renewable energy is developing in tandem with huge investment in the transmission system, paving the way for greater development in the future. The EPIA predicts that under a moderate scenario, the market could grow from a current capacity of 34 MWp to 734 MWp or as high as 1224 MWp under more aggressive policy by 2014.
