Examples of UK Obligations in a sentence
Achieving this will, particularly in light of the demands imposed by the EU Renewable Energy Directive, require the ROS and the other UK Obligations to move beyond the current cap in the legislation of 20%, and the creation of a longer term framework and incentive through the extension of the lifetime of the measure.
Please feel free to give us a call if a there is a strong reason to why this should be done from a Town of Rolesville point of view.
The UK Obligations therefore combine to require licensed electricity suppliers to produce a certain number of renewables obligation certificates (ROCs) in respect of each megawatt hour of electricity that they supply to customers during a specified period.
Based on the potential generation of co-firing with FAME found in the NNFCC “realistic” scenario, and support equivalent to 1 ROC per MWh, the subsidy cost of including this in the UK Obligations could be around £9m in 2020 and £140m cumulative to 2030.
As things stand, the UK Obligations provide less than 20 years support to the later phases of large offshore wind stations, since these developments, given their scale and complexity, will be constructed in multiple stages.