Extract from the Department of Energy and Climate Change:
On 10 March 2011, the Government announced details of the Renewable Heat Incentive policy to revolutionise the way heat is generated and used. This is the first financial support scheme for renewable heat of its kind in the world.
At a time when we can see many problems with relying on a rapidly changing world and continuous reliance on oil and gas, we are proposing 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. We are aiming for the regulations underpinning this scheme to be approved by Parliament in summer 2011. The scheme will be introduced shortly thereafter.
For more details on the Renewable Heat Incentive please refer to the Department of Energy and Climate Change web site.