Publication

Renewable Energy Regulation in the UK: Current State and Future Prospects

June 2016

Summary

An overview of the UK's renewable energy framework, including incentives, auctions, PPAs, and grid access.

We examine recent reforms and policy priorities supporting energy transition and investment.

Market mechanisms

We discuss feed-in tariffs and auction schemes, qualification criteria, and balancing responsibilities for renewable producers.

Contracting models and bankability considerations are addressed from a lender and sponsor perspective.

Permitting and grid connection

Developers should plan for environmental assessments, land rights, and interconnection requirements.

Grid capacity constraints and curtailment risk call for early engagement with system operators.

Outlook

Policy evolution will continue as the UK develops its energy and climate regulation framework.

The medium-term outlook supports scaling of wind, solar, and storage as financing frameworks mature.