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ROC
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Energy Market Design
Can we fix the wholesale energy market this winter to lower prices and should we want to?
The Review of Electricity Market Arrangements (REMA) is intended to discuss and decide on appropriate market arrangements for 2035 in a Net Zero, low marginal cost, renewables-dominated market. It is unlikely it has the scope or capability to intervene in the market arrangements ahead of this winter. Therefore, some new interventions...
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Business supply and services
Plus ça change, plus c’est la même chose: the RO late payment deadline
Today (11 November 2020) Ofgem has confirmed that there will be mutualisation of the 2019-20 Renewables Obligation. On Monday, in our 'Energy Spectrum' Perspective, we explained to customer’s why this was important and likely and what it means for the energy industry. Find out more about a free trial to Energy...
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Low carbon generation
Mutualisation? Oversupply? Banking? Latest developments in the ROC market
We track the ROC markets closely through our within-year and long-term market forecasts of ROC values and supplier costs. In this blog we provide a view on the latest market developments and our current forecast levels. If you are interested in the Renewables Obligation, or our market forecasts for the...
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Low carbon generation
RO capacity climbing, for now
As we issue our Baseline Long-term Roc Forecast for 2018, we take the opportunity to reflect on key trends seen in the renewables market and look at how the impending deadline for projects to accredit under the Renewables Obligation (RO) may impact capacity levels over the coming compliance periods (CPs)....
