The pro-manchester Green Economy Group is hosting a breakfast event in Manchester on 27 January to debate the significant number of recent policy changes for green business.
Support for large-scale projects in biomass conversion, solar PV and onshore wind has effectively ended.
The Government has also suspended its flagship Green Deal energy efficiency programme, while the popular Feed-in Tariff (FIT) regime to subsidise small-scale renewable energy generation has been cut significantly. The Renewable Heat Incentive has also been cut by 35 per cent, with a further review set to take place in the near future.
Despite these disruptive changes to the market, the Government has consistently stated its ambitions to transition to a low carbon economy. Prime Minister David Cameron reiterated the UK’s support for change at the recent UN climate negotiations at Paris.
However, the UK already looks likely to miss its 2020 targets for renewable electricity and renewable heat deployment, while the government departments responsible have suffered budget cuts.
The breakfast event will take stock of these latest measures and how the market is responding, covering:
- An overview of the latest renewables policy frameworks
- Challenges and opportunities faced by developers in the region and across the UK
- The issues faced by commercial investors seeking to support the low carbon sector.
The panel of experts at the event include Chris Stubbs, interim head of renewable energy at United Utilities; Julian Packer, low carbon investment director at the Greater Manchester Combined Authority; Matthew Clayton, executive director of Triodos Renewables plc; and Mark Cumbo, director of renewable energy at Santander UK.
The event will run from 08:00 to 10:00 on Wednesday 27 January 2016 at Eversheds LLP in Manchester city centre. To book a place, click here.