The UK renewable sector has been hit with rapid changes to renewable subsidy regimes since the Conservatives won a strong election victory. The Department of Energy and Climate Change (DECC) has stated that there will be no retroactive changes to tariffs for any technologies, however the removal of Levy exemption certificates and grandfathering rights for Solar PV <5MW are effectively retroactive.

In this Spark – Energy Insight UK Government Opens the Door to Retroactive Tariff Cuts, FTI Intelligence evaluates the government’s approach to budget cuts through the DECC and its potential impact on the renewables industry.

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