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Calculating Renewable Obligation Certificates (ROCs) – banding, Department of Energy & Climate Change, April 2013; 8 January 2007, New Builder: BWEA warns on UK renewables policy as Germany leads the way; 9 October 2006, ePolitix.com: Granting of renewables obligation certificates to be reformed
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 ...
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.
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.
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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 ...
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 ...
Constellation to Supply Renewable Energy Certificates to Rhode Island Manufacturers Association Event Association's annual fund-raising gala "goes green." Donated RECs to help avoid nearly 55,000 ...