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Consultation opens on UK renewable energy strategy

30.06.08 Among other potential policy measures, BERR is proposing an increase in the level of the Renewables Obligation (RO) and extending the periods over which ROs apply, with the aim or achieving 30-35% renewable generation by 2020. This will increase demand in the market for Renewables Obligation Certificates (ROCs) and we anticipate that the market value of ROCs will rise. Companies considering the deployment of on-site renewables will find that this improves their internal business case, as part of the payback comes via the resale of ROCs. See the executive summary of the paper, and chapter 5 on disributed energy. See also OFGEM's proposals to reduce the administrative burden on small-scale generators wishing to sell their electricity to local customers. See All News

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