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Renewables Obligation
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Press Releases
Renewables Obligation mutualisation predicted to be triggered
Forecasts from Cornwall Insight’s ‘Within-term ROC market forecast’ predict a potential shortfall in the 2020-21 Renewable Obligation (RO) buy-out and late payment fund of over £170mn, with 16 supplier exits to date that could impact upon the scheme’s payments. Furthermore, it predicts that mutualisation will be triggered for the 2021-22...
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Media Mentions
Current | RO Mutualisation
Tim Dixon shared his thoughts on the recent announcement by Ofgem on RO Mutualisation. In September, we commented that the threshold was once again being neared. Suggesting there is a potential shortfall in the RO buy-out fund of approximately half of the £16.94 million mutualisation threshold at the time. Unfortunately,...
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Media Mentions
Current | Risk of RO mutualisation
Our predictions of RO Mutualisation was featured in Current. Tim Dixon explained that there is a potential shortfall in the RO buy-out fund of approximately half of the £16.94 million mutualisation threshold. Contrary to the two previous compliance periods where the mutualisation trigger was breached, it is not currently expected...
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Press Releases
Heightened risk of suppliers failing to meet their Renewables Obligation
Latest forecasts from Cornwall Insight show a potential shortfall in the Renewables Obligation (RO) buy-out fund of approximately half of the £16.94mn mutualisation threshold. Supplier exits to date alone are not expected to trigger the mutualisation process. However, there is a heightened risk that some active suppliers may now be...
