DECC issues response to consultation on the transition between the Renewables Obligation and the Contracts for Difference regime
On 12 March 2014, the Department of Energy & Climate Change (DECC) issued its response to its consultation on the transition between the Renewables Obligation and the Contracts for Difference regime. It confirms that fixed-price renewable obligation certificates (ROCs) will be introduced from 1 April 2027 via the Fixed Price Certificate Scheme.
ROCs issued between 1 April 2017 and 31 March 2027 will be sold and purchased in the same way as at present, with fixed-price ROCs being introduced from 1 April 2027 for the final 10 years of the scheme…
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Briefings from Wragge Lawrence Graham & Co
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