The countrys Department of Energy and Climate Change (DECC) Secretary, Chris Huhne has today launched a comprehensive review of the UK FIT scheme, which was only introduced last April. The reason cited is the growing evidence that large scale solar farms could take money away from households, communities and small businesses looking to generate their own electricity.
Speaking to pv magazine last week, PV expert for the UKs Renewable Energy Association (REA), Ray Noble, said the government was considering bringing its FIT review forward by one year, because the PV market is developing differently from its original expectations, and due to the fact the price of solar has changed dramatically over the last few years, while installed PV prices have significantly come down. "The government started this policy [the feed-in tariff (FIT)]," said Noble, and they "thought it would just ramp up slowly over a ten year period. But it has really taken off."
The review will reportedly: