Renewables Obligation banding review
The government asked for input on banding levels for renewable energy generation for 2013 to 2017 in England and Wales.
The consultation invited comments on the Government’s proposals for the levels of banded support available for renewable electricity generation under the Renewables Obligation (RO) for the period 2013 to 2017. The consultation applied to England and Wales only. Separate consultations were undertaken on proposals on banded support in Scotland and Northern Ireland.
The RO is currently the main financial mechanism by which the Government incentivises deployment of large-scale renewable electricity generation. Banding reviews ensure that as market conditions and innovation within sectors change and evolve, renewables developers continue to receive the appropriate level of support necessary to maintain investments.