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UK wind farm subsidies are to be cut off by Europe

Europe will oblige UK to cut wind power subsidies

U.K will cut off wind energy subsidies

The European Commission is going to request the British country to put an end to wind farm subsidies.

Ministers have been told that the present degree of state support for renewable energy sources have to be eliminated until 2020. Moreover, solar energy is not escaping either, as taxpayer support will also be phased out.

The European Commission that supervises the European single market is ready to try and convince that onshore wind in UK and solar power industries are developed enough to function even if taxpayers do not contribute.

A Government source announced that European officials have privately ordered ministers that they have to lower public support for onshore wind and solar generators.

Even if Conservative ministers don’t always agree with the Commission’s sometimes criticize the EC for its intervention in domestic matters, they are understood to be keen to cooperate in the case of renewable energy subsidies. A Conservative minister’s words are: “It’s absurd that taxpayers are being made to subsidies wind technology.”

The operators of onshore wind turbines get subsidies that make the power they generate more expensive. Ministers begun to cut off those subsidies, reducing tariffs that are applied to household bills and withering guaranteed prices for onshore wind. But the EC is pressuring him Coalition to impose a less supportive system for onshore wind and solar power. This new regime will take care of the fact that there will be a competition between wind farm operators and that there will be a share of a reduced pool of public subsidies.

The Energy Secretary, Ed Davey, announced that onshore wind and solar farm developers would be obliged to compete to secure government subsidies. The commission will announce the results of a review of support for renewable energy this month.
Although UK is happy with this cut off, other EU states do not want to reduce public support for renewables.

The EU’s climate action commissioner, Connie Hedegaard , said “One of the things Europe has to do better is how we subsidies renewables. That is why the commission is reviewing state aid guidelines for energy, including renewables. My view is that if you have mature technologies, renewables or not, they should not have state aid. If they can manage themselves why have state aid?”

 

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Posted by on Jan 6 2014. Filed under _featured slider, Energy Market, Europe, Market News, Solar PhotoVoltaics, Wind. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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