ROC Recycle Value 2020/21

ROC Recycle Value 2020/21

The total Renewables Obligation for electricity suppliers in the UK was 119,090,744 ROCs for 2020/21. Suppliers were able to meet their obligations either through presenting ROCs or making buy-out payments at £50.05 per ROC, or a combination of both. Only 105,263,447 ROCs were presented by suppliers in the UK resulting in a shortfall of 11.6%. The recycle value for the 20/21 compliance period (CP19) is approximately £3.87/ ROC...

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Renewables Obligation: buy-out price CP20 2021 – 2022 announced

Renewables Obligation: buy-out price CP20 2021 – 2022 announced

The Renewables Obligation (RO) is a support scheme for large scale renewable electricity projects in the UK. It places an obligation on UK electricity suppliers to source an increasing proportion of their electricity from renewables. For the nineteenth obligation, or CP20, which runs between 1 April 2021– 31 March 2022, the ROC buy-out price has been set by Ofgem at £50.80 / ROC. A Renewables Obligation Certificate (ROC) is a green...

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Feed in Tariff Increase April 2021

Feed in Tariff Increase April 2021

Ofgem have recently announced that generation and export tariffs will increase with annual Retail Price Index (RPI) at a rate of 1.2 percent. This tariff increase will be applicable from 1 April 2021 to 31 March 2022. For Feed in Tariff applications that are eligible for the export tariff, the increase is reflected below; Effective Start Date of FiT Term Apr 20-Mar 21 (£/MWh) Apr 21-Mar 22 (£/MWh) On or before 30 November...

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ROC Recycle Value 2019-20

ROC Recycle Value 2019-20

The total Renewables Obligation for electricity suppliers in the UK was 130,183,968 ROCs for 2019/20. Suppliers were able to meet their obligations either through presenting ROCs or making buy-out payments at £48.78 per ROC, or a combination of both. Only 115,942,339 ROCs were presented by suppliers in the UK resulting in a shortfall of 10.9%. The recycle value for the 19/20 compliance period (CP18) is approximately £5.02/ ROC...

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Renewables Obligation: buy-out price CP19 2020 – 2021 announced

Renewables Obligation: buy-out price CP19 2020 – 2021 announced

The Renewables Obligation (RO) is a support scheme for large scale renewable electricity projects in the UK. It places an obligation on UK electricity suppliers to source an increasing proportion of their electricity from renewables. For the nineteenth obligation, or CP19, which runs between 1 April 2020 – 31 March 2021, the ROC buy-out price has been set by Ofgem at £50.05 / ROC. A Renewables Obligation Certificate (ROC) is a green...

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Feed in Tariff Increase April 2020

Feed in Tariff Increase April 2020

Ofgem have recently announced that generation and export tariffs will increase with annual Retail Price Index (RPI) at a rate of 2.2 percent. This tariff increase will be applicable from 1 April 2020 to 31 March 2021. For Feed in Tariff applications that are eligible for the export tariff, the increase is reflected below; Effective Start Date of FiT Term Apr 19-Mar 20 (£/MWh) Apr 20-Mar 21 (£/MWh) On or before 30 November...

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ROC Recycle Late Payment Apr18-Mar19

ROC Recycle Late Payment Apr18-Mar19

The 2018-19 RO late payment fund was redistributed on 4 December 2019 to suppliers who presented Renewables Obligation Certificates (ROCs) within the 2018-19 compliance year (1 April 2018 – 31 March 2018). Suppliers received £6.80 per ROC presented after the redistribution of the buy-out fund. From the redistribution of the late payment fund, they have received an extra £1.02 per ROC. This means that the final recycle value for 2018-19...

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ROC Recycle Value 2018-19

ROC Recycle Value 2018-19

The total Renewables Obligation for electricity suppliers in the UK was 127,623,995 ROCs for 2018/19.  Suppliers were able to meet their obligations either through presenting ROCs or making buy-out payments at £47.22 per ROC, or a combination of both. Only 107,643,960 ROCs were presented by suppliers in the UK resulting in a shortfall of 15.7%. The recycle value for the 18/19 compliance period (CP17) is approximately £6.80 / ROC...

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Renewables Set New Records

Renewables Set New Records

In May 2018, the UK passed 10 days of coal-free energy. As of the 4th June 2019, the UK passed 15 days without using coal, that’s 400 consecutive hours of coal-free power generation! In addition to this, May 2019 provided a months of firsts as records tumbled, prices turned negative, batteries got paid to charge in ancillary markets and the sun was...

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ROC Recycle Additional Payment Apr17-Mar18

ROC Recycle Additional Payment Apr17-Mar18

The 2017-18 RO late payment fund was redistributed on 30 November 2018 to suppliers who presented Renewables Obligation Certificates (ROCs) within the 2017-18 compliance year (1 April 2017 – 31 March 2018). Suppliers received a total of £5.85 per ROC presented after the redistribution of the buy-out and late payment fund for 2017-18. After the late payment deadline of 31 October 2018, an additional total sum of £4,451,941.62 was recovered...

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