£10 million Loan Fund (ADLF)
At AD & Biogas 2011 conference in Birmingham Lord Henley confirmed details of a £10 million Anaerobic Digestion Loan Fund (ADLF) for new AD plants. This loan fund will lend up to £10 million over 4 years. The fund will loan £50,000 to £1 million in England to support the development of new AD projects. The fund aims to support 300,000 tonnes of annual capacity to divert food waste from landfill in 2015. The first round of applications for the AD fund is open now for applications until 31st October 201. WRAP said it would select projects for funding through a competitive process. More information on WRAP funding can be found on their website here.
Higher Feed in Tariffs will not come into effect on time
The government's plans of increasing the Feed in tariff (FIT) which was supposed to come into effect on 1st August 2011 has not come into effect. The increase in FITs has not happened as EU state approval has not yet been granted. It is thought that approval will be granted within the next month but payments will not be back dated.