Subject Predicate Object
UGHc9CnG
a
Resource
Answer
Written answer
answer has question
2YnNPGO3
answer has answering person
Michael Fallon
answer text
<p>Renewable obligation certificates (ROCs) are issued to accredited generators by Ofgem on the basis of their reported renewable generation. Information on the number of ROCs issued to all accredited stations is published in the ROC register. This is available on Ofgem's website at:</p><p>https://www.renewablesandchp.ofgem.gov.uk/</p><p>It is not always clear from the register, however, who owns which generation assets, so the information requested could be provided only at disproportionate cost.</p><p>An estimate of the value of support for each generating station can be calculated by multiplying the number of ROCs issued by the value of the ROC. The nominal value of a ROC in any given year is equal to the buyout price (the amount a supplier must pay for every ROC they do not present to Ofgem in order to comply with their obligation) plus the recycle value (the amount re-distributed to suppliers from the buyout and late payment funds on a pro-rata basis depending on how many ROCs they presented to Ofgem) for that year. This information can be found in Ofgem's annual reports which are available on their website at:</p><p>https://www.ofgem.gov.uk/environmental-programmes/renewables-obligation-ro</p><p>The nominal value represents the maximum worth of a ROC to a generator but is not necessarily the amount paid by a supplier.</p>
answer given date
answer has answering body
Department of Energy and Climate Change
written answer has answering body
Department of Energy and Climate Change
Department of Energy and Climate Change
answering body has written answer
UGHc9CnG
answering body has answer
UGHc9CnG
2YnNPGO3
question has answer
UGHc9CnG
Michael Fallon
answering person has answer
UGHc9CnG