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United Kingdom

United Kingdom

Levy money for renewables likely to rise

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During the past 1993/94 financial year £1233 million was raised through the Fossil Fuel Levy, 97% of which went to support nuclear power generators. Just 3% was used to pay for electricity from renewables and of this wind plant owners received £24 million in payment for the power they produced. This year (1994/95) the proportion of levy money going to renewable generators is likely to increase to around 6%. The levy, currently running at 10% of revenues from sales of electricity, is collected from licensed electricity suppliers in England and Wales. It is used to meet the costs incurred by them in complying with the Non Fossil Fuel Obligation, under which they are required to contract for nuclear and renewable generating capacity, including wind power.

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