BEIS has confirmed the level of the Renewables Obligation (RO) for the 2017-18 compliance period. In a policy paper issued on Saturday 1 October, the department said that the overall size of the obligation would be set at 108.2mn Rocs (excluding headroom) in the UK. This means that electricity suppliers will be required to produce 0.409Rocs/MWh in England, Wales and Scotland, and 0.167Rocs/MWh in Northern Ireland.
However, the government further confirmed that it would soon outline how the obligation level will be impacted by the planned exemption, for energy intensive industries, from the indirect costs of the RO.
1 in 4 UK businesses consider renewable energy a ‘fad’
New research from Haven Power reveals over a quarter (27%) of British businesses think renewable energy is just a passing trend.
13 Aug 2018 | Press
5 ways to make sustainability a no-brainer for Finance
Sustainability could be the competitive edge your business needs. Here’s 5 financial benefits that could help you get the buy-in of your finance department.
08 Aug 2018 | Industry
Europe and UK system feel the heat
Stay updated on energy market changes each week with Haven Power’s market report.
07 Aug 2018 | Industry