RHI Incentive Announced
In his budget Pascal Donohoe, Ireland’s Minister for Finance and Public Expenditure and Reform announced that a budget of €17 million will be assigned to the new RHI scheme.
Initially €7 million will be allocated for the long-anticipated Renewable Heat Incentive (RHI) scheme in 2018. It is currently anticipated that applications will open in the second half of 2018. The scheme is aimed at encouraging industrial and commercial heat users, in the Republic of Ireland, to switch to greener technologies. An RHI scheme was first considered as part of the Bioenergy strategy consultation in 2013, and included in the Draft Bioenergy Plan in 2014.
The RHI will support the replacement of fossil fuel heating systems with renewable energy systems – such as biomass boilers. The scheme will present a significant opportunity for the domestic bioenergy sector benefiting farmers, foresters and rural communities.
Further details on the new RHI scheme are awaited from the Department of Communications, Climate Action and Environment visit the website http://www.dccae.gov.ie/en-ie/energy/consultations/Pages/Renewable-Heat-Incentive-Consultation.aspx