Scottish Renewables response to DECC’s Call for Evidence on long term contracts for independent renewable generation investment
22 August 2012
On 21 August 2012, Scottish Renewables submitted a response to the DECC Call for Evidence on barriers to securing long-term contracts for independent renewable generation investment.
Following extensive consultation within the membership, the response concluded that given the need to support ongoing investment and development while new market structures are developed and implemented, the introduction of a transitionary time-limited regulatory intervention is required. We recommended the intervention be regularly reviewed to assess its continued requirement, with the mechanism rescinded at the appropriate point in the electricity market’s development.
Scottish Renewables highlighted its commitment to working with DECC on the detail of this intervention and the necessary market led reforms required to supplant the intervention in the longer term.
You can find a link to the response below, which also includes a report by Quayle Munro for Scottish Renewables on recent changes within the Power Purchase Agreement (PPA) market. For further information, please contact:
Policy Manager: Grid & Markets
0141 353 4000