EU Legislation, Initiatives, etc.

Ofgem: Figures showing the total amount of Renewables Obligation Certificates (ROCs) presented to Ofgem and the size of the buy-out fund for the 2007-08 obligation period were published recently. For this sixth year of the scheme, the total Renewables Obligation (RO) for electricity supplied to customers across the UK was 25,551,357 megawatt hours (MWh).
 
There was a shortfall of £6,907,611.76 in the three buy-out funds, as not all suppliers fully complied with their obligations.  Supplier have the opportunity to make a late payment by 31 October 2008 to fully discharge their renewables obligation under Article 30(2) of the Order.  Late payments for the Renewables Obligation (including interest) are expected to be redistributed in early November 2008.
 Press release ~ Ofgem - Renewables Obligation Certificates (ROCs) ~ BERR – Green energy certificates
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