e-ROC Auction Results

The latest e-ROC Auction of Renewable Obligation Certificates (ROCs) was completed today, 19 January 2010, with just under 60,000 ROCs being purchased.

The average price was £46.25. (The average price in the last auction held in October was £ 45.52).

A small number of ROCs did not meet their reserve price and were therefore not sold.

The next e-ROC auction is due to be held on 25th March 2010.

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Renewables Obligation

For the period: 1st April 2009 to 31st March 2010, the obligation on electricty suppliers is 9.7% and the Buy-Out Price per MWh is £37.19

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Sale & Buy-Back Agreements

From 1st April 2007, a generator will not need to have a Sale & Buy-back agreement with a supplier in order to receive ROCs for electricity he generates and consumes on site. This change will benefit those generators who wish to sell ROCs using e-ROC auctions.

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