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Higher Thrushgill Cottage

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2011/12 (CP10)

The 2011/12 compliance year is over and Ofgem issued its tenth annual report in March 2013.

We provide a summary of the report at the supplier and technology levels and the key facts.



Summary

In 2011/12 (CP10) renewable electricity accounted for 11.2% of all that supplied in England, Wales and Scotland with a total UK RO of 37.7TWh, of which 91% was met by suppliers presenting Renewables Obligation Certificates (ROCs).

The recycle value per ROC was £3.58, which when added to the buy-out price made the nominal ROC value equal £42.27/ROC. Year-on-year the recycle value was £10.77/ROC lower as the proportion of ROCs submitted was greater.

For further information click here for a full pdf summary of the report at the supplier and technology levels as well as the compliance strategies used.

Key facts

Buy-out


£38.69/ROC

Increase of 4.6% or £1.70/ROC

Obligation levels

England, Wales and Scotland

0.124 ROCs per MWh

Set on headroom basis


Northern Ireland

0.055 ROCs per MWh


RO

UK

37,677,290 ROCs

8.4% or 2.9m ROCs higher


England and Wales

33,760,466 ROCs



Scotland

3,472,373 ROCs



Northern Ireland

444,451 ROCs


Electricity supplied

UK

308.3 TWh

Reduction of 3.1% or 9.8 TWh


England and Wales

272.3 TWh



Scotland

28.0 TWh



Northern Ireland

8.1 TWh


ROCs redeemed

UK

34,404,733 ROCs

91.3% of total RO met with ROCs, up 19.4%


England and Wales

30,786,270 ROCs



Scotland

3,271,635 ROCs



Northern Ireland

346,828 ROCs


Nominal ROC value


£42.27/ROC

Down 17.7% or £9.07/ROC

Renewables supply against obligation

UK

11.2%

3.3% increase

England, Wales and Scotland

0.113 ROCs per MWh

0.011 shortfall


Northern Ireland

0.043 ROCs per MWh

0.012 shortfall

Resources

2011/12

CP10

2012/13

CP11

2013/14

CP12

2014/15

CP13