Oct 11th 2012
Roc value shows signs of recovery
The latest online auction of Renewables Obligation Certificates (Rocs) showed higher bidding activity and an increase in Roc market value according to the Non-Fossil Purchasing Agency (NFPA) on Tuesday 9 October. Rocs are the main government policy for subsidising large-scale renewable energy in the UK. The NFPA holds regular auctions of renewable electricity and Rocs. The auction saw a total of 10,040 Rocs sold--5,377 CP11 Rocs at an average price of £40.62, and 4,663 CP10 Rocs at an average price of £39.70. The overall average Roc price was £40.19. The auction was specifically requested by sellers following one at the end of September at which 4,182 CP11 Rocs were sold at an average price of £39.50. The next e-Roc monthly auction will be held on 24 October.
Climate Change Levy exempt energy
For those companies looking to become more sustainable, Haven can help.Find out more >