Changes in the Feed-in Tariff from the start of April are leading to uncertainties fro those looking to control their energy costs in the future by generating their own energy from wind and solar PV solutions. These changes, coupled with tight development timescales imposed by Government, a bewildering array of funding issues and options, changing planning guidance and competing technology companies, are making a clear way forward hard to choose. As everyone rushes to meet the deadlines, the industry as a whole is facing a massive bubble towards the end of 2014 which itself could threaten the viability of projects unless carefully managed and planned at the outset.
To address these challenges, RM Energy will be running a series of roadshows at venues across Scotland to provide the latest information on Feed-in Tariff (FiT) changes and their impact on renewable energy projects, plus up to date information and advice on grid, planning and finance related issues.
The events will all feature presentations by RM Energy and partner companies, plus the all-important Q & A session with the panel to help move projects forward.
The events are aimed at farmers, land owners and land managers predominantly interested in taking forward FiT scale wind or solar PV projects, or those who may already have such a project in process but with answered questions around technologies, planning, grid, finance, power selling and future market changes.
Dates of the sessions are as follows (all 6.30pm - 9.00pm)
- Tuesday 11 March - Maitlandfield House Hotel, Haddington EH41 4BZ
- Wednesday 12 March - Shawlands Park Hotel, Shawsburn, Larkhall ML9 2TZ
- Thursday 13 March - Barony Castle, Eddleston, Scottish Borders EH45 8QW
- Tuesday 18 March - Cluny Clays, by Kirkcaldy, Fife KY2 6QU
- Wednesday 19 March - Poterhouse, Thainstone Mart, Inverurie AB51 5XZ
- Thursday 20 March - Finavon Hotel, Forfar, Angus DD8 3QD
John Maslen, Director, RM Energy says:
The new Feed-in Tariff rates for wind and solar PV were announced at the start of February by Ofgem and, as expected, there will be a 20 per cent fall across all scales of wind project from 1 April 2014. Hopefully many developers will have pre-accredited their projects to be assured of the higher rates; however, for those that haven't we estimate that in most cases wind projects at the new rate still remain very attractive and the case for development remains strong. The rate for PV schemes between 10 and 50kW will also be cut by 3.5 per cent from 1 April, and we will look in more detail at the implications of these reductions in tariff at our roadshow events.
Further information from:
Tel: 0800 046 9843