After the British government decided to cut back the feed-in tariffs for new solar installations in 2011, five outraged installers took the matter to court, seeking a 140 million GBP compensation. Now the government reached an out of court settlement with them.
While Britain is waiting for its government to release a new FiT strategy, the country’s renewable energy oragnisations worry about the impact this uncertainty may have on the industry, and have approached the Energy secretary with an urge for action.
While Brexit is rocking the British economy, there is a continuous demand for solar among corporates. However, confidence seems to diminish as a lack of ambition in the governments’ Clean Growth Strategy and Brexit uncertainty cause insecurity among the industry.
In face of the G20 Summit, which is taking place this weekend in Germany, the British government have admitted that there is still “work to do“ in order to reach the country’s energy goal. At the end of 2016, renewables made 8.9% of Britain’s energy mix, with the goal for the end of 2020 being 15%.
Two weeks into the Brexit referendum the future of the UK’s solar sector is still uncertain. As experts predict, the short- and long-term effects are most likely to be negative.
