Search results
Results from the WOW.Com Content Network
Ecotricity building in Rowcroft, Stroud, one of its three bases in the town. Vince later went on to build commercial wind-monitoring equipment, which the company still does today, using the name Nexgen. [7] Ecotricity started generation with a 40-metre turbine in 1996, which at the time was the largest in the country. [8]
In the United Kingdom, suppliers are legally obliged to purchase a proportion of their electricity from renewable sources under the Renewables Obligation and there is a danger that energy suppliers may sell such green electricity under a premium 'green energy' tariff, rather than sourcing additional green electricity supplies. [3]
Time of use (TOU) tariffs can shift electricity consumption out of peak periods, thus helping the grid cope with variable renewable energy. [8] [9] A feed-in tariff (FIT) [10] is an energy-supply policy that supports the development of renewable power generation. FITs give financial benefits to renewable power producers.
Interest has increased in recent years due to UK and EU targets for reductions in carbon emissions, and government incentives for renewable electricity such as the Renewable Obligation Certificate scheme (ROCs), feed in tariffs (FITs), and Contracts for Difference as well as for renewable heat such as the Renewable Heat Incentive.
The Feed-In Tariff applies to small-scale generation of electricity using eligible renewable technologies. To encourage development of these technologies, feed-in tariffs pay the generator a certain amount – even for energy which the generator themselves consumes. [6] Electricity fed into the grid receives an additional export tariff.
MSP kWh is the amount of electricity consumed at the 'meter supply point', which is the customer's meter. GSP kWh is obtained by multiplying the MSP kWh by the Line Loss Factor (LLF, a figure > 1) to include the amount of electricity lost when it is conducted through the distribution network, from the 'grid supply point' to the customer's meter.
The Renewables Obligation (RO) [1] is a market support mechanism designed to encourage generation of electricity from eligible renewable sources in the United Kingdom.There are three related schemes for the three legal jurisdictions of the UK.
The political impact of tariffs is judged depending on the political perspective; for example, the 2002 United States steel tariff imposed a 30% tariff on a variety of imported steel products for a period of three years and American steel producers supported the tariff. [93] Tariffs can emerge as a political issue prior to an election.