Southern Solar becomes latest casualty of feed-in tariff crisis

thesilentone

Member
Livestock Farmer
Location
Cumbria
The points made by Giles1 are correct to a degree. DECC (in there wisdom) focused the rewards to areas they decided, to meet politically derived targets.
Looking from solar (which is relatively low cost and privately funded) a reasonable IRR would have been accepted.
The other extreme is EfW and Large AD costing Multi-millions requiring City money on non-recourse. (a much higher IRR needed)
 

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