RO shortfall sits at £33m with ten suppliers owing payments having gone under
Ten energy suppliers that failed to meet the late payment deadline for Renewable Obligations (RO) have now either gone bust or had their licence revoked.
Articles tagged with: Renewable Obligations
Mutualisation of Renewables Obligation triggered for third year as suppliers struggle to meet payment deadlines
For the third year in a row, mutualisation of Renewables Obligations (RO) has been triggered according to Ofgem.
‘Shortcomings’ of Northern Ireland’s Renewable Obligations scheme highlighted despite renewables growth
A number of "shortcomings" in the design of Northern Ireland’s Renewable Obligation scheme (NIRO) have been identified, allowing the rate of return to be in excess of 20% for some generators.
Over £34 million owed by seven suppliers in Renewable Obligations and FiT fees
Ofgem is consulting on issuing seven suppliers with final orders over £34 million in outstanding Renewable Obligation (RO) and feed-in tariff (FiT) levelisation fees.
Cornwall Insight warns of risk of RO mutualisation
The risk of Renewable Obligation (RO) mutualisation has grown, as the supply market continues to be challenging.
BEIS commits to protect suppliers from 80% of obligation payment increases
The government has committed to protect suppliers from 80% of the increases in obligation payments for the second quarter.
Ofgem warns Gnergy of licence revocation over unpaid ROC fees
Gnergy has been issued with a notice of failure to comply with a final order over unpaid Renewables Obligation payments by Ofgem.
Ofgem issues a Final Order to GnERGY as it fails to meet its ROC payments
Ofgem has issued a Final Order to supplier GnERGY, after the company failed to pay its outstanding payments for its Renewables Obligations (RO).