Funding Renewables • 21st June 2012

Renewable electricity is now just 7% of total output – but to meet legally-binding 2020 targets it must reach at least 30% of output in less than ten years.

To fill the renewables gap and incentivise needed renewables investment – and to fill the bigger energy gap – the Government intends to implement a large range of measures to:

transform the electricity market with FIT-CfDs, capacity payments, a carbon floor and an emissions hurdle;
reduce consumption through demand-side measures, including the Green Deal;
deliver 90% of 2020 commitments through renewable energy;
promote small-scale low-carbon electricity by the public and communities using small-scheme subsidies; and
encourage the regulator to facilitate market liquidity.

These measures are all to be introduced in ways yet to be determined in the next twelve months – or they are to use existing measures that will be amended in one way or another.

To meet the Governments objectives we need more projects, more funds and we need to find a way to make more projects successful.

Now in our third year, join us on June 21st when we bring together Financiers, energy companies, policy shapers and project developers to discuss how best to take forward projects and learn from those who are currently delivering deals in today’s challenging environment. Even in these testing times we still expect that deals will be done at this event as they have been in previous years.

Venue

Allen & Overy LLP
One Bishops Square
London E1 6AD

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