27 June 2011
On 10 March 2011, the Government announced the details of the Renewable Heat Incentive policy to revolutionise the way heat is generated and used in buildings and homes. This is the first financial support scheme for renewable heat of its kind in the world.
At a time when many problems can be seen with relying on a rapidly changing world and continuous reliance on oil and gas, it is proposed to put in place a key foundation stone of our energy future where both carbon reduction and energy security are assured.
The Renewable Heat Incentive(RHI) policy document, sets out the detailed arrangements for this scheme, which will provide long-term financial support to renewable heat installations to encourage the uptake of renewable heat. It is aimed that the regulations underpinning this scheme to be approved by Parliament in summer 2011. The scheme will be introduced shortly thereafter.
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