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ROCs are issued by Ofgem to accredited renewable generators (or in the case of generating stations subject to a NFFO (non-fossil fuels obligation), Scottish Renewables Obligation or Northern Ireland NFFO contract, to the nominated electricity supplier). The Scottish Renewables Obligation was superseded by the Renewables Obligation (Scotland) in ...
Non-domestic consumers can avoid paying the Climate Change Levy by acquiring Levy Exemption Certificates from renewable energy suppliers. Since these are not required by domestic consumers, it is possible for the supplier to sell the certificates to the non-domestic sector, as well as selling the renewables obligation certificate and the electricity.
Suppliers meet the Renewables Obligation by submitting a certain number of Renewable Obligation certificates (ROCs) each year to Ofgem, which demonstrates that the certified electricity has come from a renewable source. If a supplier is unable to produce the required number of ROCs, they must pay an equivalent cash amount, the 'cash out price ...
For each eligible megawatt hour of renewable energy generated, a tradable certificate called a Renewables obligation certificate (ROC) is issued by Ofgem. In 2007, the United Kingdom Government agreed to an overall European Union target of generating 20% of the EU's energy supply from renewable sources by 2020.
The renewables obligation also makes requirements about how the electricity can be generated. An example is that the co-firing of biomass with coal is to be phased out - and will not be eligible for Renewable Obligation Certificates after 2016 (although the government has announced its intention to revisit the co-firing rules as part of the ...
Generators of renewable electricity larger than 5MW remain eligible to earn Renewables Obligation Certificates within the existing Renewables Obligation quota mechanism. To prevent companies from moving large scale (for example big wind) projects from the ROCs to the Feed-in Tariff programme, measures were taken to discourage the breaking-up of ...
The Renewables Obligation encourages the generation of electricity from renewable energy sources by awarding Renewable Obligation Certificates (ROCs) to generators. Renewables Obligation Certificates provide an additional source of income in that they can be sold to suppliers who are obligated to source an increasing amount of the electricity ...
Each renewable generator is issued with Renewables Obligation Certificates (ROC), which they may sell to other electricity supply companies. This trade allows them to meet their obligation for the proportion of supplied electricity generated from renewable sources. The power output from the Glanford plant qualifies for ROC trading.