The Feed-In-Tariff was introduced on 1 April 2010 as the main financial incentive to encourage investment and development in renewable energy schemes. Businesses and communities could install wind turbines and sell the energy produced back to the grid. This agreement ensured the projects paid for themselves. Importantly, the tariff is reduced on an annual basis to encourage healthy competition between developers and to reduce manufacturing costs. However, the system of tariff degression is now starting to seriously impact the number of new, onshore developments and could undermine the previous advancements made in the wind energy industry.
Coming to the rescue, industry campaign group, Action For Renewables, have designed a campaign called the Big 60,000 – direct competition for the notorious Big 6 energy companies. The project aims to ask the government to review the level of percentage drop in incentives for small-scale wind projects, like farm and domestic turbines. Arguing that the only way to protect yourself from rising energy costs is to generate energy through small-scale developments, Action For Renewables is asking supporters to sign the petition and to seriously think about where their energy is sourced from.
A move away from large-scale projects to smaller, community developments, like the Scandinavian model, is achievable but needs to be supported by the government if it stands a chance of competing with coal fired power stations.
The Big 60,000. Theyre making energy locally.