§ Mr. Andrew TurnerTo ask the Secretary of State for Trade and Industry to what extent the renewable obligations certificate can be traded with wind power generating companies registered in the UK but whose beneficial ownership lies in offshore tax havens. [185739]
§ Mr. TimmsRenewables obligation certificates or ROCs are issued in relation to eligible renewables output from generating stations in the United Kingdom. ROCs can be traded within Great Britain and in future this will be extended to include Northern Ireland. The renewables obligation is placed upon licensed electricity suppliers supplying customers in Great Britain, 517W irrespective of where those suppliers may be based, and ROCs can be expected to be of value to such companies, to those selling renewables electricity to them and to traders in ROCs.