The UK has established hefty wind generation targets as part of its energy security strategy So ideally, we’d like to see those wind farms being able to claim at least 18 per cent, if not more,” she explained. ![]() This means that now they get a capital allowance of six per cent, which is not very much. “Offshore wind farms have improved in efficiency – they have a useful life of over 25 years. ![]() It is baffling the government is implicitly sending a signal that investment in oil and gas extraction is preferable to that of the low carbon generation needed to underpin on zero trajectory.”Īlongside investment relief in the new levy on renewable generators, Ana Musat, executive director of policy and engagement at the UK, argued that wind farms also deserved a higher capital allowance to match increased efficiency in power generations. He said: “Ensuring that low carbon generation is allowed in investment allowance, in line with what has already been received by oil and gas extraction seems to be a no brainer.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |