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The National Law Review: UK Department for Energy & Climate Change announces early closure of UK renewables obligation

On 18 June 2015, the UK Department for Energy & Climate Change (“DECC”) formally announced the UK Government’s intention to close the RO across Great Britain to new onshore wind generating stations from April 2016. Michael Pollitt, professor of business economics at Cambridge Judge Business School, has described the proposed changes as “a bad mistake”, coming at a time where the costs of onshore wind technology “are coming towards grid parity”.

Read the full article [The National Law Review]