The Department of Enterprise Trade and Investment (DETI) has released a new consultation on the closure of the NIRO to small scale wind. The following is a brief summary and we would encourage everyone to read the consultation for theirselves in detail before making any decisions on their own project.
The consultation outlines three options for small scale wind:
- Close on 30th June 2016.
- Close on 30th September 2016.
- Close on 31st March 2017
Under options one and two, those who meet the grace period eligibility criteria outlined on the 30th September 2015 (have obtained planning approval, secured a grid connection and have land rights/lease agreement at the 30th Sept 2015) would still have to 31st March 2017 to commission and accredit under the NIRO.
It would appear that DETI are keen to pursue option one and close the NIRO on 30th June 2016. The main reason for this is to give the greatest chance of preserving socialisation of NIRO costs so that NIROCs can be traded to GB energy suppliers. Options two and three carry the risk of DECC restricting GB suppliers from redeeming NIROCs from generators that do not meet the 30th September eligibility criteria and could have harmful effects on the value of NIROCs.
As mentioned above, we encourage everyone to take the time to read the consultation in full, form their own opinion, and then respond to the consultation.
The question in the consultation is as follows:
- “Given the constraints within which DETI operates, which closure option do you believe provides the most feasible way forward for the majority of the renewable industry and consumers?”
Responses should be sent to DETI on or before 9th May 2016
via email to: NIRO2016@detini.gov.uk
or by post to:
Renewable Electricity Branch
Department of Enterprise, Trade and Investment Netherleigh
Please note template responses are likely to carry less value than unique responses.
The consultation is available to read HERE