Chart of the week | Green hair, green branches, green skin, green tariffs?

In this ‘Chart of the week’, we look at how prevalent green supply has become, unpick some of the drivers behind this, and look at the challenges now facing consumers, suppliers and policy makers confronted by a sea of green. 

Over recent years, we estimate the percentage of households with ‘green’ suppliers – those only offering electricity tariffs backed by Renewable Energy Guarantee of Origin certificates (REGOs) – has rocketed from less than 20% to 65%.

Related thinking

Low carbon generation

BEIS confirm end-date for recognition of EU GoO imports

In this week’s ‘Chart of the Week’, we examine the historical volume of GoOs imported for FMD and explores what impact GoO removal will have on the REGO market.

Regulation and policy

What’s the story…Oxera publishes findings on Ofgem’s regulatory performance

On 6 May, Ofgem published a report on the findings of an independent review undertaken by Oxera and commissioned by Ofgem's Board into the root causes of the recent supplier failure. In this 'Chart of the week', we look at how the report assesses the performance of Ofgem in meeting...

Business supply and services

A GoO-ey end? Green power import certificates poised for removal

On 29 March, BEIS published a consultation seeking views on the removal of Feed in Tariff (FIT) and Contracts for Difference (CfD) scheme cost exemptions for green imported electricity and the recognition of EU Guarantees of Origin (GoOs) in GB altogether. Our 'Chart of the week' shows historic GoO imports...

Home supply and services

No easy fix: tariff prices remain high

In response to the unprecedented increases in global gas prices, Ofgem announced last week time limited measures “to help stabilise” the supply market. This includes a requirement for all domestic suppliers to offer existing customers the same tariffs available to new customers from 14 April, echoing changes made by the...

Home supply and services

Ticking Clock

With the political debate regarding energy prices and their impacts on the cost of living – not to mention the economy at large – the default tariff cap announcement for Summer 2022 from Ofgem at the start of next month is the most anticipated since the cap’s inception.

Commercial and market outlook

CP19 of the RO sees record shortfall

The perfect storm of challenging market conditions has persisted across the duration of the 2020-21 compliance period (CP) of the Renewables Obligation (RO), driving a large volume of supplier exits, particularly over recent months. As the dust settles on the compliance process relating to CP19 (2020-21) of the RO, this...

Low carbon generation

Embedded generators and the future of TNUoS charging

Electricity network charges are currently undergoing a significant period of reform to ensure that charging methodologies are fit for purpose in the transitioning energy market. Transmission Network Use of System (TNUoS) generator charges are a particular topic of debate at present, with locational tariffs raising concern by some parties and...

Home supply and services

Supplier exits predicted to trigger Renewable Obligation mutualisation

Over the past few weeks, the energy market has been under the microscope as high wholesale prices and a wave of suppliers exiting the market has hit the headlines. Amid challenging wholesale market conditions for suppliers, they are now also facing the compliance deadlines for 2020-21 of the Renewables Obligation...