Feed in Tariff

From Wikiwaste

The Feed in Tariff (FIT) scheme was a government programme designed to promote the uptake of renewable and low-carbon electricity generation technologies. Introduced in 2010, it closed to new applicants on 31st March 2019[1] and requires participating licensed electricity suppliers to make payments on both generation and export from eligible installations [2]. From 1st January 2020 it was replaced by The Smart Export Guarantee (SEG)[3].

The FIT scheme is available for anyone who has installed one of the following technology types up to a capacity of 5MW, or 2kW for CHP:

All bioliquid stations and solid biomass and/or biogas stations (ie Anaerobic Digestion) ≥1MW must report against and meet particular sustainability criteria in order to be eligible for Renewable Obligation Certificates (ROCs). Solid biomass and/or biogas stations <1MW are required to report against the sustainability criteria, but receiving ROCs does not depend on meeting the criteria[4]. Hence projects that claim under the FIT scheme need to comply with the Biomass Sustainability reporting requirements.

References