The impact of the GB Feed-in Tariffs and Renewable Heat Incentive to the economics of various microgeneration technologies at the street level
The impact of the GB Feed-in Tariffs and Renewable Heat Incentive to the economics of various microgeneration technologies at the street level
England, Scotland and Wales planning regulations require zero carbon homes by 2016. This can be expected to accelerate the uptake of microgeneration technologies. To incentivise small low-carbon generators the UK Department of Energy and Climate Change (DECC) proposed two new systems: the Feed-in Tariffs (FIT) and the Renewable Heat Incentive (RHI). This paper investigates the impact of these two systems on the carbon performance and the economics of various microgeneration technologies under two scenarios: (a) at the single dwelling level and (b) a local microgrid at the street level. The economic implications of combining a number of houses to form a local microgrid are assessed and expressed in terms of percentage of capital investment outstanding. The paper concludes that the current structure of the FIT and RHI does not incentivise microgeneration technologies according to their carbon performance and does not favour street-level schemes such as the one investigated in this paper. However it is sufficient to drive the market forward.
Papafragkou, A.
2744628b-f747-4a8b-ad63-d3720f1c8d1b
James, P.A.B.
da0be14a-aa63-46a7-8646-a37f9a02a71b
Bahaj, A.S.
a64074cc-2b6e-43df-adac-a8437e7f1b37
8 May 2011
Papafragkou, A.
2744628b-f747-4a8b-ad63-d3720f1c8d1b
James, P.A.B.
da0be14a-aa63-46a7-8646-a37f9a02a71b
Bahaj, A.S.
a64074cc-2b6e-43df-adac-a8437e7f1b37
Papafragkou, A., James, P.A.B. and Bahaj, A.S.
(2011)
The impact of the GB Feed-in Tariffs and Renewable Heat Incentive to the economics of various microgeneration technologies at the street level.
WREC 2011: World Renewable Energy Congress 2011, Linköping, Sweden.
08 - 13 May 2011.
18 pp
.
Record type:
Conference or Workshop Item
(Paper)
Abstract
England, Scotland and Wales planning regulations require zero carbon homes by 2016. This can be expected to accelerate the uptake of microgeneration technologies. To incentivise small low-carbon generators the UK Department of Energy and Climate Change (DECC) proposed two new systems: the Feed-in Tariffs (FIT) and the Renewable Heat Incentive (RHI). This paper investigates the impact of these two systems on the carbon performance and the economics of various microgeneration technologies under two scenarios: (a) at the single dwelling level and (b) a local microgrid at the street level. The economic implications of combining a number of houses to form a local microgrid are assessed and expressed in terms of percentage of capital investment outstanding. The paper concludes that the current structure of the FIT and RHI does not incentivise microgeneration technologies according to their carbon performance and does not favour street-level schemes such as the one investigated in this paper. However it is sufficient to drive the market forward.
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ecp57vol10_043.pdf
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Published date: 8 May 2011
Venue - Dates:
WREC 2011: World Renewable Energy Congress 2011, Linköping, Sweden, 2011-05-08 - 2011-05-13
Organisations:
Energy & Climate Change Group
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Local EPrints ID: 336280
URI: http://eprints.soton.ac.uk/id/eprint/336280
PURE UUID: dbf8886f-6086-497d-95d6-a19f6872ecb3
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Date deposited: 22 Mar 2012 16:25
Last modified: 15 Mar 2024 02:46
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Author:
A. Papafragkou
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