Foreword
The Renewables Obligation (RO)
is a system introduced in 2002, to encourage the generation and use of
renewable electricity in the UK. The Scheme places an obligation on licensed
electricity suppliers in the UK to source a proportion of their supply to
customers from eligible renewable sources. Although it closed to new generators
in 2017, it remains open to those generating electricity before 2017, for 20
years from their date of accreditation. Renewables Obligation Certificates
(ROCs) are awarded to generators of renewable electricity and suppliers are
required to annually demonstrate the proportion of renewable electricity within
their supply mix meets their obligation. Where the obligation is not met, a
buy-out fee is charged, which is then allocated to those that did meet their
obligation and reflected in the value of ROCs. ROCs are also tradable, making
them highly valued when the annual declaration deadline comes around. Although a government scheme, the RO is
administered by Ofgem. Following the recent August declaration deadline,
several energy companies have got themselves into difficulty with Ofgem. Having
failed to provide the necessary number of ROCs.........
Other News this Month Includes:
Policy
- ROC payment trouble
- Biomass heat industry want decarbonisation
manifestos
Markets
- GoodChips secures first certified company
- Scottish beer bioenergy
investment
- Viridor invests £2m in innovation project
- Macquarie acquires BioCow
Research & Development
- Britain ranks poorly in power flexibility
- Drax appoints Independent Advisory Board
Biomass Heat and Power
- In-situ performance of biomass boilers
Biogas
- Horse poo powers horse show
- Poo powered pub
- Bio-resources to transport fuel plans
approved
- Maize destined for AD after flooding
- Biogen acquires AD plant in
South West England
Energy from Waste
- Australian EfW grant
- Greenhouse in Dutch EfW facility
- Green light for recycling facility in north
London
Events
ROC Prices