Renewable Energy

To encourage the generation of renewable energy within the UK the government introduced the Renewable Obligation (RO) in 2002. Its function is to promote this development of renewable electricity by providing a subsidy in the form of a tradable certificate that varies in value dependent upon the supply and demand for renewable energy. 

The Renewable Obligation would require Enviroparks to surrender these certificates (known as Renewable Obligation Certificates - ROCs)  demonstrating that we have supplied the required amount of renewable electricity and also generated this electricity from a renewable source.

The most visible example of the Renewable Obligation in action is the proliferation of wind turbines.

The obligation requires an increasing percentage of the electricity supplied to be from renewable sources for each year through to 2010. The target for 2010 is set at 10%. The RO consultation for 2005 proposed that the targets for the obligation are extended, with a target of 15% proposed for 2015.

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