Renewables Obligation Certificate: Difference between revisions
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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 Order 2002 – now replaced by [[Contract for Difference]] ([[CFD]]) for larger projects and [[Feed in Tariffs]] ([[FIT]]s) for smaller schemes | 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 Order 2002 – now replaced by [[Contract for Difference]] ([[CFD]]) for larger projects and [[Feed in Tariffs]] ([[FIT]]s) for smaller schemes. |
Revision as of 12:38, 22 November 2019
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 Order 2002 – now replaced by Contract for Difference (CFD) for larger projects and Feed in Tariffs (FITs) for smaller schemes.