The Renewable Heat Incentive (RHI) is about to be introduced into the Republic of Ireland by the Department of Communications, Climate Action and Environment to meet the challenges set by 2020 renewable energy targets. This will provide financial incentives to projects which install heating systems that harness renewable energy sources in order to encourage industrial and commercial heat consumers to switch to greener technologies. It will be open to the commercial, industrial and public sectors. This includes small businesses, hospitals and schools as well as district heating schemes and agricultural uses.
Eligible installations will receive quarterly payments over 15 years based on the amount of heat generated. The scheme has been implemented in the United Kingdom since 2012 and is due to be introduced in Ireland in early 2018.
Who benefits from the RHI?
Commercial, industrial or agricultural heat users ranging from chicken farms to apartment blocks can benefit from RHI payments. The aim of the incentive is to encourage the replacement of fossil fuel heating systems in existing buildings and to promote the installation of low carbon heating systems in new projects.
Early application is rewarded as larger grants will be available to the earlier applicants.
Ashgrove and the RHI
As well as the successful completion of numerous large and small scale projects currently benefitting from the RHI in the UK, Ashgrove has also been involved in the consultation process in Ireland engaging directly with the Department of Communications, Climate Action and Environment who are utilising our experience with the UK scheme.