Updates

The Renewables Obligation (Amendment) Order 2021

  • Legal

Jurisdiction: England and Wales

Commencement: 31 March 2021

Amends: The Renewables Obligation Order 2015

Mini Summary

The Renewables Obligation Order 2015 consolidates and re-enacts the Renewable Obligation Order 2009, as amended. It imposes an obligation, on all electricity suppliers licensed under the Electricity Act 1989 which supply electricity in England and Wales, to produce a certain number of renewables obligation certificates in respect of each megawatt hour of electricity that each supplies to customers in England and Wales during a specified period known as an obligation period. It also bands the different technologies that are used to generate electricity from renewable sources.

 

Amendment

Changes are made to when mutualisation (when debt is recovered from compliant suppliers) is enforced. Mutualisation is now triggered when debt equals or exceeds a threshold of 1% of the forecasted annual cost of the Scheme for the obligation year in question. The threshold was previously set at £15.4 million.

Link to full government text

 

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