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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.
Introduced on 1 April 2002, the Renewables Obligation requires all electricity suppliers who supply electricity to end consumers to supply a set portion of their electricity from eligible renewables sources; a proportion that would increase each year until 2015 from a 3% requirement in 2002–2003, via 10.4% in 2010–2012 up to 15.4% by 2015 ...
An energy certificate or energy attribute certificate is a transferable record or guarantee related to the amount of energy or material goods consumed by an energy conversion device in industrial production. A certificate may be in any form, including electronic, and lists attributes such as method, quality, compliance, and tracking.
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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 ...