Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

U.K. Said to Plan Cuts to Solar Subsidies at Regular Intervals

Jan. 31 (Bloomberg) -- The U.K. government will announce plans to reduce subsidies for solar energy at routine and predictable intervals as part of an effort to curb a boom in installations, a person familiar with the plan said.

The plan will include a mechanism called a deployment trigger that would ensure above-market rates for power from solar cells is automatically cut once a certain level of installations is reached, said the person, who declined to be identified before the official announcement.

To contact the reporter on this story: Alex Morales in London at amorales2@bloomberg.net

To contact the editor responsible for this story: Will Wade at wwade4@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.