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Renewable Heat Incentive Scheme Regulations 2011

One thing that I would like to make clearer—and remind the Committee about, as well as the noble Lord—is that the department and the Government have three clear strategic aims in this area. One is to ensure we have security of supply so that we keep the lights on. The next is to make sure that we play our part in safeguarding the future of the planet for future generations. The third is to make sure that we do both of those things in the most cost-effective way possible. By that, we want to make sure that, in all the things we are trying to do, we do them in a way that is at the lowest possible cost to those who pay. Obviously, people who pay are having to do so either through their bills or through public money via taxation. Affordability, therefore, is a key issue for us. I cannot comment specifically on each emerging technology, but obviously there will be a situation where some things are more successful, some more attractive and some more likely to be taken up than others. These incentives are there to help industry get something off the ground which is very powerful in meeting those objectives. I hope, at some point, that they will not need incentives at all but will work in their own right. In conclusion, the RHI is a departure from our conventional approach to generating heat. This is a new market for the UK and our introduction of long-term financial support for heat generators under the RHI, alongside existing renewable financial incentive schemes, the renewables obligation and the feed-in tariffs, sends a strong signal to the renewables sector that the Government are committed to supporting renewable energy in this country. I hope we can all agree that this is a sector that should be supported. I commend these regulations to the Committee. Motion agreed.

About this proceeding contribution

Reference

732 c405-6GC 

Session

2010-12

Chamber / Committee

House of Lords Grand Committee
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