FAQs
Will government stick to its review timetable?
Not necessarily! It may undertake an early review (as it did for the Feed-In Tariffs).
Chapter 6 of the government’s RHI announcement says
Early Reviews
In addition to scheduled reviews, the Secretary of State may need to call an early review so that adjustments can be made to a part or whole of the scheme, to deal with any significant change to the assumptions which underpin the RHI. For example, a significant and unexpected uptake of a particular technology or a significant change to the relative cost of renewable and fossil fuels.
We are mindful that scope for an early review introduces a level of uncertainty to the scheme but experience from both the Renewables Obligation and the Feed-in Tariffs scheme suggests that such flexibility is necessary. However, to provide assurance that early reviews will only be called where there are significant changes to the assumptions which underpin the RHI, we intend to set out a specific set of circumstances under which an early review could occur. We intend to consult on the criteria for early reviews as part of the consultation which will take place to consider aspects of the RHI which are being introduced in 2012 as part of the phased approach.