Government defends controversial plans to change inflation-linked renewables payments

Stuart Stone
clock • 4 min read
Government defends controversial plans to change inflation-linked renewables payments

Government backs proposed reforms to clean energy subsidy schemes, after plans blamed for five per cent drop in renewable energy trusts' market cap

The government has defended proposals to shift inflation-linked clean energy subsidy payments from the Retail Prices Index (RPI) to the Consumer Prices Index (CPI), amid claims the move caused renewable...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

British renewables set new quarterly generation record

British renewables set new quarterly generation record

Government confirms renewables generation for the first quarter rose 18 per cent year-on-year to account for over 53 per cent of the electricity mix

James Murray
clock 30 June 2026 • 4 min read
NESO: Cost of rewiring Britain's electricity network to reach around £89bn

NESO: Cost of rewiring Britain's electricity network to reach around £89bn

Updated recommendations on how to upgrade Britain's electricity network to meet future demand sets out plans for 43 onshore and offshore projects for delivery in the 2030s

Stuart Stone
clock 30 June 2026 • 5 min read
Global energy system reaches renewables 'tipping point', study claims

Global energy system reaches renewables 'tipping point', study claims

Review of World Energy reveals 'encouraging substitution' of fossil fuels, as global clean energy boom continues to accelerate in response to security concerns

Stuart Stone
clock 30 June 2026 • 5 min read