Irelands Renewable Heat Incentive scheme to receive €7m in Budget 2018

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Minister Denis Naughton

Irelands Minister for Finance and Public Expenditure and Reform, Paschal Donohoe announced that a total budget of €17 million will go towards the RHI scheme and the encouragement of greater uptake of electric vehicles as part of Ireland’s commitment to its climate change obligations.

€7 million will be allocated for the government’s long-anticipated Renewable Heat Incentive (RHI) scheme in 2018. The allocation is lower than predicted by industry representatives, but with applications only expected to open in the second half of 2018, next year will not be a full operational year for the scheme.  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 RHI scheme can be found on the Department of Communications, Climate Action and Environment website http://www.dccae.gov.ie/en-ie/energy/consultations/Pages/Renewable-Heat-Incentive-Consultation.aspx

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