JHW are specialists in renewable energy technology for the generation of both power and heat. Our Energy and Planning team have delivered energy projects for clients across a range of different technology and scales determined by client needs and site constraints. We are wholly independent providing assured and unbiased advice to our clients.
Support for electricity generation has essentially disappeared except for large scale schemes undertaken by major developers. The Renewable Heat Incentive (RHI) for heat generation remains in place but is due to end on 31 March 2021 (non-domestic) but consultation is being undertaken on some form of extension. The support is index linked and guaranteed for a 20 year period.
Returns on capital in the absence of financial support are clearly not as good as in the past, but can still look attractive in comparison to other potential investments. Not everyone has the opportunity to develop such projects due to location, resource etc, but conversely some with the development potential would prefer to look at a joint venture as opposed to debt funding.