Commenting on the Feed in Tariff Review published by DECC today, Richard Warren, Senior Climate & Environment Policy Adviser at EEF, the manufacturers’ organisation, said:
“With the costs of government energy policy surpassing previous projections and, the Levy Control Framework budget already looking like it’s been maxed out, government is right to be getting to grips with the issue. DECC’s number one priority has to be delivering emissions reduction at the least cost to consumers and the Feed in Tariff (FITs) scheme is palpably incapable of doing this at present.
“Even with significant cost reductions achieved in recent years, the FiTs scheme reduced carbon at a woefully inadequate rate of £380/tonne last year almost double even that of offshore wind at around £200/tonne. A review is long overdue.”