Renewables Obligation Certificate: Difference between revisions

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[[Category:Legislation & Policy]] [[Category:Economics]]

A tradable certificate produced per unit of electricity generated from eligible renewable sources and generated or purchased by an energy supplier to demonstrate it has sourced a set percentage of their electricity from renewables. Introduced by the [[Renewables Obligation|Renewables Obligation Order 2002]] (which page covers more detail) – now replaced by [[Contract for Difference]] ([[CFD]]) for larger projects and [[Feed in Tariff]]s ([[FIT]]s) for smaller schemes. [[Ofgem]] administer both the [[RO]] and [[CFD]] schemes with [[Government Department for Business, Energy and Industrial Strategy]] developing the schemes policy and rules.

A tradable certificate produced per unit of electricity generated from eligible renewable sources and generated or purchased by an energy supplier to demonstrate it has sourced a set percentage of their electricity from renewables. Introduced by the [[Renewables Obligation|Renewables Obligation Order 2002]] (which page covers more detail) – the [[subsidy]] is now replaced by [[Contract for Difference]] ([[CFD]]) for larger projects and [[Feed in Tariff]]s ([[FIT]]s) for smaller schemes. [[Ofgem]] administer both the [[RO]] and [[CFD]] schemes with [[Government Department for Business, Energy and Industrial Strategy]] developing the schemes policy and rules.

Revision as of 11:59, 27 April 2020 view source Northern Chick (talk \| contribs) authour, banneredit 1,790 edits m typo ← Older edit		Revision as of 15:47, 18 June 2020 view source MCWaste (talk \| contribs) authour 632 edits Added subsidy link Newer edit →
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	[[Category:Legislation & Policy]] [[Category:Economics]]		[[Category:Legislation & Policy]] [[Category:Economics]]
	A tradable certificate produced per unit of electricity generated from eligible renewable sources and generated or purchased by an energy supplier to demonstrate it has sourced a set percentage of their electricity from renewables. Introduced by the [[Renewables Obligation\|Renewables Obligation Order 2002]] (which page covers more detail) – now replaced by [[Contract for Difference]] ([[CFD]]) for larger projects and [[Feed in Tariff]]s ([[FIT]]s) for smaller schemes. [[Ofgem]] administer both the [[RO]] and [[CFD]] schemes with [[Government Department for Business, Energy and Industrial Strategy]] developing the schemes policy and rules.		A tradable certificate produced per unit of electricity generated from eligible renewable sources and generated or purchased by an energy supplier to demonstrate it has sourced a set percentage of their electricity from renewables. Introduced by the [[Renewables Obligation\|Renewables Obligation Order 2002]] (which page covers more detail) – the [[subsidy]] is now replaced by [[Contract for Difference]] ([[CFD]]) for larger projects and [[Feed in Tariff]]s ([[FIT]]s) for smaller schemes. [[Ofgem]] administer both the [[RO]] and [[CFD]] schemes with [[Government Department for Business, Energy and Industrial Strategy]] developing the schemes policy and rules.