Sentence examples for obligation certificate from inspiring English sources
The DECC was due to announce the outcome of a review into renewable obligation certificate (ROC) banding, a system which obliges electricity companies to buy a certain amount of their electricity from renewable sources.
Wind farms get one Renewable Obligation Certificate (ROC) for each megawatt-hour they generate.
This energy will get a subsidy, called a renewable obligation certificate, worth £45 ($68) a megawatt hour (MWh), paid on top of the market price for electricity.
Second, although the Beckton plant has been accredited with a Renewables Obligation Certificate – the main support scheme for renewable electricity projects in the UK – the Conservative government's retreat from subsidising all but offshore wind projects means it won't be replicated.
The pain for people like me who have already fitted such technologies is that we will only get a tariff of 9p per kWh, roughly equivalent to the payments we already get from the government's renewable obligation certificate scheme.
Tucked away in the budget's red book is an innocuous-looking line that Enterprise Investment Scheme (EIS) tax breaks will no longer be available for companies benefiting from the renewables obligation certificate (ROC) scheme or the renewable heat incentive (RHI).
In order to reduce this, Decc will stop issuing renewable obligation certificates to large-scale solar projects after March next year.
DECC wants to end Renewable Obligation Certificates (ROCS), from which ground mounted solar currently benefits, prematurely, in March 2015.
Around £525m is to be pumped into the sector between 2011 and 2014 through the government temporarily raising subsidies for offshore wind projects from a current Renewables Obligation Certificates (ROC) banding level of 1.5 to 2.0.
Indeed, the next wave of UK policy uncertainty is imminent, with the roll-out of competition-based "Contracts for Difference" (the replacement for Renewables Obligation Certificates), expected in October.
Meanwhile costs of renewable technologies have gone down, performance has improved, plus incentives and funding structures such as feed in tariffs (FITs), Renewable Obligation Certificates (ROCs) and Power Purchase Agreements (PPAs) have come in.
