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Services

Renewables Analysed

Policy

Accreditations

ROC holders

Onsite generation

Higher Thrushgill Cottage

Tatham Fells

nr Wray

Lancaster

LA2 8QY

Buy-out


£40.71/ROC

Increase of 5.2% or £2.02/ROC

Obligation levels

England, Wales and Scotland

0.158 ROCs per MWh

Set on headroom basis


Northern Ireland

0.081 ROCs per MWh


RO

UK

48,915,432 ROCs

30% or 11.2m ROCs higher


England and Wales

43,734,836 ROCs



Scotland

4,519,357 ROCs



Northern Ireland

661,239 ROCs


Electricity supplied

UK

313.6 TWh

Increase of 1.7% or 5.2 TWh


England and Wales

276.8 TWh



Scotland

28.6 TWh



Northern Ireland

8.2 TWh


ROCs redeemed

UK

44,773,499 ROCs

92% of total RO met with ROCs, up 0.2%


England and Wales

39,946,901 ROCs



Scotland

4,338,265 ROCs



Northern Ireland

488,333 ROCs


Nominal ROC value


£44.38/ROC

Up 5% or £2.11/ROC

Renewables supply against obligation

UK

14.3%

3.1% increase

England, Wales and Scotland

0.145 ROCs per MWh

0.013 shortfall


Northern Ireland

0.060 ROCs per MWh

0.021 shortfall

2012/13 (CP11)

The 2012/13 compliance year is complete and Ofgem issued its 11th annual report in late February.

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

Summary

In 2012/13 renewable generation receiving Renewables Obligation (RO) support accounted for 11.2% of all that supplied in the UK, with a total RO of 48.9TWh, of which 92% was met by suppliers presenting Renewables Obligation Certificates (ROCs). ROCs as a proportion of electricity supplied was 14.3%.

The recycle value per ROC was £3.67, which when added to the buy-out price made the nominal ROC value equal £44.38/ROC. Year-on-year the recycle value was just £0.09/ROC higher as the proportion of ROCs submitted was similar.

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

Resources

2012/13

CP11

2014/15

CP13

2013/14

CP12

2015/16

CP14