UK solar photovoltaic boom needs to be built on a sustainable basis

You can't miss the British solar boom. Solar modules that produce electricity decorate tens of thousands of British households and provide clean green energy. However, the disturbing fact is that subsidies have fallen in line with costs, and the solar energy boom is in an unsustainable state. This is why we propose to take timely measures to reform the Feed Tariff (FIT) program and ensure that this important green industry has a long-term future.

People should easily see why the sun is so attractive: it is simple, convenient, reliable, suitable for home and community use. This is an important part of the energy revolution. However, we believe that our potential for the long-term development of solar energy, we must face the economic reality, the challenges of every economic sector. There is no bubble in the green economy.

The yield on people investing in solar PV modules has fallen below double digits and cannot be continued. But the good news is that since the technology began in April 2010, technology costs have dropped by at least 30%. Now, a domestic solar installation system requires only 9,000 pounds or less, and a similar device saves about 4,000 pounds compared to two years ago.

For almost three times the installed capacity, when the government introduced the plan 18 months ago, it already meant that the budget was consumed at an unsustainable rate. If we do not take action, the 677 million pounds of feed-in tariff plan will also be exhausted.

The challenge we face is to use public investment to get as many deployments as possible. We do not want to see that the tariff plan will only bring handsome returns to a small number of people, but hope to see the deployment of solar installations in more places and more buildings. The Alliance proposes to make the feed tariff plan smarter, more flexible and responsive to market development. It is important that our consumers feel more value for money.

The new regulations will encourage the development of the industry, so that their skills and expertise will be more closely integrated with the work, and the energy-saving market will also expand rapidly. By taking timely and responsible actions to protect the long-term future of the feed tariff plan, we will establish a sustainable future for the UK's solar energy industry.