Updated: Government confirms automatic cuts to 'safeguard' Renewable Heat Incentive

Will Nichols
clock

Consultation response outlines how payments will reduce by five per cent once installations hit a certain level

Payments available under the Renewable Heat Incentive (RHI) will be cut automatically if installations exceed the government's forecasts by 50 per cent, as part of new plans revealed today to ensure the...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Legislation

Not so moral money?

Not so moral money?

Stuart Kirk's insistence investors do not need to worry about climate risk fundamentally misunderstands both climate change and risk

James Murray
clock 20 May 2022 • 11 min read
Credit: iStock

Institute for Government slams 'incoherent' government net zero policymaking

Policy decisions surrounding new coal mines, air passenger duty, and North Sea oil and gas are undermining the government's net zero agenda, think tank warns

Michael Holder
clock 19 May 2022 • 4 min read
Credit: iStock

Climate clauses: New contract templates to help businesses deliver on climate goals

The Chancery Lane Project publishes new draft clauses that can be applied to support businesses’ decarbonisation plans

James Murray
clock 19 May 2022 • 3 min read