Geothermal industry warns cuts to support send out message UK is 'closed for business', although boost for hydro and energy-from-waste welcomed.
Away from the big ticket wind and marine energy subsidy announcements today, developers from some of the emerging renewable energy industries were left mulling a mixed bag of reforms to support levels.
Lobbyists were particularly disappointed with the level of support for geothermal, which will fall from 2 ROCs in 2013 to 1.9 ROCs in 2015 and 1.8 ROCs the following year.
Dr Ryan Law, chief executive of Geothermal Engineering, said he was "shocked" by the cuts, insisting geothermal is a developing industry worthy of similar support to wave and tidal energy, which will from next year enjoy more than double the level of support at 5 ROCs per MWh.
