Posted on Mon 18 August 2014

FURTHER READING Britain installs first commercial 6MW offshore wind turbine The news that 50m will be assigned to support mature technologies , such as onshore wind http://www.marketwatch.com/story/these-stock-market-experts-are-overlooking-one-big-risk-2014-08-13 and solar projects, while 155m will be provided for less mature technologies, such as offshore wind farms, sparked warnings across the clean energy sector that these expanding industries will face severe constraints throughout the second half of the decade. McCaffery argues that the offshore wind industry is facing a particularly serious threat as the 155m budget will fund just one 500MW wind farm, leaving five of the six large-scale offshore projects that are thought to be ready to apply for CfD support without access to funding. The government maintains that further funding rounds will be announced in the future, but McCaffery warns that there is only 1bn left in the total CfD budget through to 2020, and as such "the next allocation round is unlikely to be much bigger" than the current funding pot. "This 1bn has to fund all future renewables, including any decision to fund converting coal stations to burn biomass and new carbon capture and storage schemes," she writes. "Funding all of this will cost much more than 1bn. All these unknowns create significant uncertainty for investors, the complete opposite of the government's EMR [Electricity Market Reform] intentions." She adds that the first CfD allocation means the government may struggle to realise its ambitious expansion plans for the industry. "It looks like we have a mismatch between industry aspirations and the government's energy policy," McCaffery writes. "Back in 2010, the Crown Estate published agreed licences for nine new offshore wind zones. http://www.businessgreen.com/bg/news/2360612/industry-warns-subsidy-allocation-means-many-planned-offshore-wind-farms-cannot-be-funded

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FURTHER READING Britain installs first commercial 6MW offshore wind turbine The news that 50m will be assigned to support mature technologies , such as onshore wind http://www.marketwatch.com/story/these-stock-market-experts-are-overlooking-one-big-risk-2014-08-13 and solar projects, while 155m will be provided for less mature technologies, such as offshore wind farms, sparked warnings across the clean energy sector that these expanding industries will face severe constraints throughout the second half of the decade. McCaffery argues that the offshore wind industry is facing a particularly serious threat as the 155m budget will fund just one 500MW wind farm, leaving five of the six large-scale offshore projects that are thought to be ready to apply for CfD support without access to funding. The government maintains that further funding rounds will be announced in the future, but McCaffery warns that there is only 1bn left in the total CfD budget through to 2020, and as such "the next allocation round is unlikely to be much bigger" than the current funding pot. "This 1bn has to fund all future renewables, including any decision to fund converting coal stations to burn biomass and new carbon capture and storage schemes," she writes. "Funding all of this will cost much more than 1bn. All these unknowns create significant uncertainty for investors, the complete opposite of the government's EMR [Electricity Market Reform] intentions." She adds that the first CfD allocation means the government may struggle to realise its ambitious expansion plans for the industry. "It looks like we have a mismatch between industry aspirations and the government's energy policy," McCaffery writes. "Back in 2010, the Crown Estate published agreed licences for nine new offshore wind zones. http://www.businessgreen.com/bg/news/2360612/industry-warns-subsidy-allocation-means-many-planned-offshore-wind-farms-cannot-be-funded

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J-School To Change Name; “Family-to-Family Education Program”; CFD’s New Engine - Chapelboro.com

Beginning Thursday, September 4, the National Alliance on Mental Illness is offering a free 12-week Family-to-Family Education Program to provide information for family members of people living with mental illness, including depression, bipolar disorder, schizophrenia and OCD. Classes run on Thursday evenings from 6:00-8:30 p.m. at the Seymour Senior Center, for 12 weeks beginning September 4. For more information or to register, contact Dana Greenwood at 919-622-3795. The Town of Carrboro has a new fire engine! And theyre holding a ceremony to celebrate on Wednesday, September 3, at 5:30 p.m. at Fire Station 1 on West Main Street. Fire Chief Travis Crabtree and Mayor Lydia Lavelle will be on hand to deliver remarks and its a tradition for members of the public to help Carrboro firefighters push the truck into the bay for the first time. http://chapelboro.com/news/news-around-time/j-school-change-name-family-family-education-program-cfds-new-engine/

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