Renewables to exceed budget by £600m in 2017-18

Overlapping subsidy regimes, early launch of the capacity market and policy exemptions for heavy industry will put pressure on consumers up to 2021, says Cornwall Energy

Overlap between the RO and CFDs will put pressure on the Levy Control Framework up to 2021. Photograph: Michael Rosskothen/123RFProjected spending on renewable energy is set to exceed the Levy Control Framework budget up to 2020/21, largely due to overlapping renewable energy support schemes.

This is the key conclusion of an analysis by consultancy Cornwall Energy published on 19 May. 

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