Another one bites the dust – Eversmart Energy goes bust

It is the fifth energy supplier to cease trading this year

Ofgem revokes URE Energy’s electricity licence

The supplier failed to meet its Renewables Obligation, under which firms that do not source the required proportion of electricity from green sources must pay into a fund

Ofgem orders URE Energy to pay £209k renewables fine

The supplier failed to pay into a fund when it did not source the required proportion of electricity from renewable sources

Ofgem considers further action to make URE Energy pay renewables fine

The supplier failed to pay into a fund when it did not source the required proportion of electricity from renewable sources

‘Landmark’ Ofgem decision fuels UK’s storage market

A commercial solar farm in Northampton can retain its Renewables Obligation (RO) subsidy status even when the electricity generated is used to charge storage batteries. Ofgem’s announcement is said to be a landmark decision, which removes one of the key barriers to deploying storage in the UK. Anesco’s 5MW solar farm, which is co-located with […]

Renewables Obligation admin costs to top £3.9m

The costs for the administration of the Renewables Obligation (RO) scheme is forecast at around £3.9 million for April 2017 to March 2018. According to Ofgem, that represents just above 0.07% of the estimated value of the scheme, “substantially below benchmarks for the cost of administering government schemes”. However, it represents an increase of 13.6% […]

Green levy exemption for EIIs pushed back until 2018

The government’s planned exemption for energy intensive industries (EIIs) from some of the costs associated with green energy policies has been pushed back until next year. The Department for Business, Energy & Industrial Strategy (BEIS) had initially planned to have the exemption in place for the Renewable Obligation (RO) scheme by April this year but […]

UK’s Renewables Obligation scheme closes

One of the UK Government’s main support mechanisms for large-scale renewable projects has closed to new generating capacity. Under the Renewables Obligation (RO) scheme, suppliers must generate an increasing proportion of their electricity from green sources. Operators are issued RO certificates (ROCs) based on the amount of electricity they generate for a period of 20 […]

NI confirms end to onshore wind subsidies

Subsidies for small-scale onshore wind projects in Northern Ireland are to end this week. Economy Minister Simon Hamilton said 93% of those who responded to the Renewables Obligation closure consultation supported the recommendation to shut the scheme for new small-scale projects. That means those with a capacity of less than 5MW will not receive any […]

BIS launches consultation on energy cost relief for steel industry

The government has launched a consultation on introducing an exemption for the steel sector and other energy intensive industries (EII) from renewable electricity costs. That is expected to help the steel industry save more than £400 million during this parliament, according to the Department for Business, Innovation and Skills (BIS), The government first announced the decision […]