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United Kingdom: Renewables industry welcomes move to retain RPI calculation

2013-01-10 12:51:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The UK's decision not to make any fundamental changes to the retail price index (RPI) has been welcomed by renewable energy companies concerned that any shift would have created uncertainty over returns from subsidy schemes. Anyone receiving feed-in tariffs or the Renewable Heat Incentive for the energy they generate from clean energy technologies such as wind turbines, solar panels, or biomass boilers, are awarded payments that rise in line with inflation in accordance with the RPI over a 20-year...

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Category:Electronics and Electrical

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