Subsidy cuts threaten £369m of community energy projects


Source: Edie.net

Up to 90% of community energy developers across the UK say that proposed cuts to the Feed-in Tariff (FIT) would put their current projects at risk.

In a poll of 80 community energy companies, 67% thought their projects were ‘completely’ at risk, and 23% said they were ‘partially’ at risk due to the FIT review.

This represents a capital investment of £127m that is now unlikely to go ahead. Looking forward, 91% of developers said their future ambitions are also at risk from the FIT review representing another £242m.

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