How we generated wind energy
Four Step Process
The UK feed-in tariff Scheme
The UK is leading the way in climate change. The Government is committed to generating 15% of its energy needs from renewable sources as part of their commitment to the 2015 UNFCCC Paris Climate Agreement.
The government has introduced the FIT scheme so that it can reach its target. As such, the FIT scheme would guarantee payment for each unit of clean energy produced by smaller scale wind turbine sites.
Twin revenue system
Income through wind power is generated from two separate sources.
- For every unit of electricity generated, companies will receive payments as part of the FIT Scheme. These tariff levels are guaranteed for the period of the tariff (up to 20 years).
- Export tariffs also generate a second source of income. Energy companies will be paid an additional rate for each unit exported back to the national grid at the export tariff rate or higher. This is index linked.