Solar Power: Renewables Obligation
(asked on 14th July 2014) - View Source
Question
To ask the Secretary of State for Energy and Climate Change, what estimate he has made of the Levy Control Framework saving per year delivered by closing the Renewables Obligation to large-scale solar PV in 2015.
Our estimate of the cost of closing the Renewables Obligation (RO) to large-scale solar PV in 2015 is set out in the consultation Impact Assessment (IA). The relevant tables from the IA are reproduced below.
Table 5: Solar deployment from 2016/17 onwards and associated annual spend (£2011/12) in 2020 under the RO based on updated pipeline projections under option one | ||||
Low | Central | High | ||
Option 1 – (‘do nothing' option) | Deployment (GW) | 2.8 | 4.5 | 6.3 |
Spend (£m) | £170m | £270m | £370m | |
Change in spend compared to delivery plan scenario one (£m ) | £0m | +£100m | +£200m | |
Table 6: Solar deployment from 2016/17 onwards and associated annual spend (£2011/12) in 2020 under the RO based on updated pipeline projections under option two | ||||
Low | Central | High | ||
Option 2 (recommended option) | Deployment (GW) | 2.1 | 3.2 | 4.3 |
Spend (£m) | £140m | £200m | £270m | |
Change in spend (£m) compared to final delivery plan scenario one | -£30m | +£30m | +£100m | |
Change in spend (£m) compared to do-nothing option | -£30m | -£70m | -£100m | |