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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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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Greenspan Energy are pleased to announce their continued sponsorship of The Royal Highland Show 2019. Held at the Royal Highland Centre in Ingliston, the show attracts around 200,000 visitors annually. This year’s show will be held from Thursday 20th to Sunday 23rd June. Greenspan will be located upstairs in the Sponsors’ Lounge beside the main ring, and we would be delighted to see you! The lounge can be accessed via the stairs...
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Greenspan have now concluded their Triad Warning System for Nov 18 – Feb 19. Of the 120 day Triad season, Greenspan issued 26 Triad warnings including successfully issuing a warning on each of the confirmed Triad periods on either a “Likely” or a “Very Likely” scale. The triad dates confirmed by National Grid...
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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 eighteenth obligation, or CP18, which runs between 1 April 2019 – 31 March 2020, the ROC buy-out price has been set by Ofgem at £48.78 / ROC. A Renewables Obligation Certificate (ROC) is a green...
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Ofgem have recently announced that generation and export tariffs will increase with annual Retail Price Index (RPI) at a rate of 2.7 percent. This tariff increase will be applicable from 1 April 2019 to 31 March 2020. For Feed in Tariff applications that are eligible for the export tariff, the increase is reflected below; Effective Start Date of FiT Term Apr 18-Mar 19 (£/MWh) Apr 19-Mar 20 (£/MWh) On or before 30 November...
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The total Renewables Obligation for electricity suppliers in the UK was 117,842,123 ROCs for 2017/18. Suppliers were able to meet their obligations either through presenting ROCs or making buy-out payments at £45.58 per ROC, or a combination of both. Only 103,220,879 ROCs were presented by suppliers in the UK resulting in a shortfall of 12.4%. The recycle value for the 17/18 compliance period (CP16) is approximately £5.42 / ROC...
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Greenspan Energy are pleased to announce their continued major sponsorship of The Royal Highland Show 2018. Held at the Royal Highland Centre in Ingliston, the show attracts around 200,000 visitors annually. This year’s show will be held from Thursday 21st to Sunday 24th June. Celebrating The Royal Highland Show’s 178th year, the theme for the 2018 show is ‘Year of the Young’, with a special focus on East...
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Greenspan have now concluded their Triad Warning System for Nov 17 – Feb 18. Of the 120 day Triad season, Greenspan issued 14 Triad warnings including successfully issuing a warning on each of the confirmed Triad periods on either a “Likely” or a “Very Likely” scale. The triad dates confirmed by National Grid...
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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 seventeenth obligation, or CP17, which runs between 1 April 2018 – 31 March 2019, the ROC buy-out price has been set by Ofgem at £47.22 / ROC. A Renewables Obligation Certificate (ROC) is a green...
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