The total Renewables Obligation for electricity suppliers in the UK was 127,815,053 ROCs for 2021/22. Suppliers were able to meet their obligations either through presenting ROCs or making buy-out payments at £50.80 per ROC, or a combination of both. Only 109,312,159 ROCs were presented by suppliers in the UK resulting in a shortfall of 14.5%. The recycle value for the 21/22 compliance period (CP20) is £7.04/...
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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 7.5% percent. This tariff increase will be applicable from 1 April 2022 to 31 March 2023. For Feed in Tariff applications that are eligible for the export tariff, the increase is reflected below; Effective Start Date of FiT Term Apr 21-Mar 22 (£/MWh) Apr 22-Mar 23 (£/MWh) On or before 30 November...
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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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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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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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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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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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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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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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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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