delete The Renewable Heat Incentive Scheme (Temporary Modification) Regulations 2021
Temporary 12-month modification to the Renewable Heat Incentive Scheme Regulations 2018, substituting the definition of 'CHPQA' with a reference to the Combined Heat and Power Quality Assurance Standard, Issue 8, March 2021. Comes into force alongside the Combined Heat and Power Quality Assurance (Temporary Modifications) Regulations 2021.
This is a temporary patch to an existing government subsidy scheme that distorts energy market signals. The Renewable Heat Incentive itself represents government picking winners in the energy sector, creating inefficiency and redirecting resources from more competitive uses. Temporary modifications that merely update referenced standards within a subsidy framework do not address the fundamental problem: such schemes crowd out private investment, inflate costs for consumers, and are ultimately funded through taxation or energy bills. The underlying scheme should be repealed rather than iteratively modified.