The West Wales Eco Centre have teamed up with The Environmental Network for Pembrokeshire (TENP) to organize an international feed-in tariff which is set to be the first of its kind held in the UK. The conference, to be held in Llandissilio, Pembrokeshire on the 21st of May will highlight the key features of the UK government’s upcoming feed-in tariff legislation which will be implemented in 2010.
Specifically, the conference will demonstrate the practical implications for the new feed-in tariff legislation for small scale, renewable energy suppliers in Wales. The principle behind feed-in tariffs is that they attract investment in green technologies by offering incentives designed to offset the obvious additional costs involved in generating electricity by renewable means. Small scale renewable energy suppliers would therefore be offered fixed contracts with a guaranteed premium rate for units of energy fed-in to the national grid. The higher rate paid for these units of energy would be met by the large energy companies, a system which has been extremely successful elsewhere, particularly in Germany.
With the obvious benefits to investors in mind, the conference to be held at the Nant y Ffin Hotel will address the commercial advantages to those thinking about investing in renewable energy in West Wales and will demonstrate the advantages that the new policy will give to green projects across the country. The free event will be sure to attract interest from those still unsure about the new legislation and also investors planning to invest in the West Wales area.
The West Wales Eco Centre and TENP are planning to draw examples where similar feed-in tariff legislation has proved fruitful worldwide. In Germany, the success of renewable energy and in particular solar energy has been largely attributed the coherent tariff policy implemented there in order to attract investment. There will therefore be a presentation by Josef Pesch of Juwi Holding AG on the subject of the German experience of implementing feed-in tariffs. In order to clarify government policy, John Moriarty from the Department of Energy and Climate Change will address the conference on the development of the UK tariff legislation. From a practical and logistical point of view, Hugo House of Generation Marketing, Good Energy will talk about the implications of feed-in tariffs for the electricity industry and Gordon James, Director of Friends of the Earth Cymru will highlight the need for a decentralized grid in managing the flow of energy being fed-in to the grid.
The conference marks a major landmark in renewable energy in the UK and will highlight the tangible benefits and provide valuable information for an industry which is still in its infancy in this country. For more information visit www.tenp.org.uk