Non-Fossil Fuel Obligation: Difference between revisions
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[[Category:Legislation & Policy]] [[Category:Economics]] | [[Category:Legislation & Policy]] [[Category:Economics]] | ||
The Non-Fossil Fuel Obligation was established as part of the 1989 Electricity Act. NFFO in England and Wales required electricity supply companies to secure specified amounts of new generating capacity from non-fossil sources, including renewables. As many waste streams contain ‘renewable content’ many in turn qualified for contracts that could secure power income at enhanced rates (see [[Renewables Obligation Certificate]]) generally for those plants with a power output in excess of 2MW with projects up to 5MW being eligible for the alternative [[FIT]] regime. | The [[Non-Fossil Fuel Obligation]] or [[NFFO]] was established as part of the 1989 Electricity Act. NFFO in England and Wales required electricity supply companies to secure specified amounts of new generating capacity from non-fossil sources, including renewables. As many waste streams contain ‘renewable content’ many in turn qualified for contracts that could secure power income at enhanced rates (see [[Renewables Obligation Certificate]]) generally for those plants with a power output in excess of 2MW with projects up to 5MW being eligible for the alternative [[FIT]] regime. | ||
The NFFO has now been superseded by the [[CFD]] regime, but existing operating waste facilities that secured the [[Subsidy | subsidies]] within the prescribed periods still benefit from the NFFO. | The NFFO has now been superseded by the [[CFD]] regime, but existing operating waste facilities that secured the [[Subsidy | subsidies]] within the prescribed periods still benefit from the NFFO. | ||
Latest revision as of 11:13, 8 December 2020
The Non-Fossil Fuel Obligation or NFFO was established as part of the 1989 Electricity Act. NFFO in England and Wales required electricity supply companies to secure specified amounts of new generating capacity from non-fossil sources, including renewables. As many waste streams contain ‘renewable content’ many in turn qualified for contracts that could secure power income at enhanced rates (see Renewables Obligation Certificate) generally for those plants with a power output in excess of 2MW with projects up to 5MW being eligible for the alternative FIT regime.
The NFFO has now been superseded by the CFD regime, but existing operating waste facilities that secured the subsidies within the prescribed periods still benefit from the NFFO.