BluGen could be FiT eligible in Victoria

While the solar industry fumes at Victorian proposals which would slash the feed in tariff (FiT) for home solar, BlueGen developer Ceramic Fuel Cells says the same report opens the way for its fuel cell unit to be included under the FiT scheme.
The Victorian Competition and Efficiency Commission draft report has recommended that energy companies should be free to set FiT rates, but also suggests the expansion of the scheme to encompass distributed generation clean energy projects of below 100kw.
Ceramic Fuel cells says that if this proposal were to become reality, its BlueGen gas to electricity unit would be FiT eligible.
The units have so far gained more traction in Europe than in Australia, where they are distributed by Harvey Normal and Hills Solar in South Australia.
In terms of the FiT for home solar, implementation of the VCED recommendations would see the FiT sink to around 10 cents per KWh, down from the 60 cent and 25 cent thresholds currently in place.

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This entry was posted onFriday, May 25th, 2012 at 9:06 am and is filed under fuel cells, Latest News, Regulation & Policy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site. Both comments and pings are currently closed.