Methods of delivering the target would include a technology-neutral ‘floor-price’ Contracts for Difference (CfD) mechanism, prioritising PV plus storage as a solution to grid congestion, and removing the Climate Change Levy (CCL) on corporate Power Purchase Agreements (PPAs).
“We welcome the ambition of the Labour target for carbon reduction by 2030 and the impact that might have on solar deployment” said STA Chief Executive Chris Hewett. “The solar industry has a track record of responding to policy drivers with a speed and scale often underestimated by traditional energy analysts. I’ve no doubt we will rise to the climate challenge over the next ten years.”
Solar power is the UK’s most popular energy generation technology, consistently scoring over 80 percent in BEIS public attitude tracker polls. 6/10 households want solar and battery storage for their homes at some point in the future. STA analysis estimates 4-7 GW of subsidy-free solar could be deployed between 2019 and 2023.
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