Feed-in Tariff for hydro unchanged

The government recently announced that the Feed-in Tariff for hydro schemes like Whalley Hydro is virtually unchanged. This is good news for Whalley Hydro as it removes the uncertainty around the financial returns shareholders can expect. There has been much publicity for the drop in FiTs for solar pv installations but the government has recognised that hydro schemes have a much longer lead in time so their FiTs need to be maintained.