As part of our commitment to continually improve our service and to help our clients meet their legal obligations, we continue to update the Legal Registers on our website and provide free quarterly legal compliance updates to anyone who subscribes. The purpose of these updates is to ensure you stay up to date with any changes in your legal compliance obligations, our updates can also be kept and can be used as evidence that your business is staying up to date with any changes in the legislation, this can be very helpful at audit time.
The Renewables Obligation Order 2015 is a regulatory framework established in the United Kingdom to encourage the generation of electricity from renewable energy sources. Its primary purpose is to contribute to the country's efforts in reducing carbon emissions and transitioning towards a more sustainable energy mix. The order sets out specific requirements for electricity suppliers operating in the UK market.
Under the Renewables Obligation Order 2015, electricity suppliers with a capacity of 5 MW or more are obligated to source a certain proportion of their electricity from eligible renewable sources. This proportion, known as the Renewables Obligation (RO) target, is reviewed annually and sets a renewable energy generation target for each supplier. Suppliers failing to meet this target are required to pay a penalty known as the RO Buy-Out Price.
Renewable energy sources covered by the order include wind power, solar energy, hydroelectricity, biomass, and certain types of energy from waste. These sources are considered environmentally friendly alternatives to fossil fuels and are essential in the UK's efforts to combat climate change and ensure energy security.
The Renewables Obligation Order 2015 applies primarily to electricity suppliers in England, Wales, and Scotland, with separate regulations in Northern Ireland. It plays a crucial role in promoting investment in renewable energy projects, fostering innovation in the sector, and contributing to the UK's broader renewable energy and sustainability goals.
The Renewables Obligation Order 2015 outlines specific evidence requirements to ensure that electricity suppliers comply with their obligations to source a certain proportion of their electricity from eligible renewable sources. The evidence requirements are designed to verify the authenticity and origin of the renewable energy generated. Key aspects of the evidence requirements include:
The evidence requirements established by the Renewables Obligation Order 2015 are crucial to ensuring the effectiveness and credibility of the scheme. By establishing clear guidelines for documenting renewable energy generation and compliance, the order contributes to the UK's renewable energy goals and the reduction of carbon emissions.
The Renewables Obligation Order 2015 includes a number of exemptions that provide certain parties with relief from the obligation to participate in the scheme. These exemptions are designed to address specific circumstances where compliance might be impractical or unnecessary. Some of the exemptions under the order include:
It's important to note that exemption criteria can be complex and subject to change. Parties seeking exemptions should carefully review the specific regulations and guidance provided by the relevant regulatory authorities to determine their eligibility and the process for obtaining an exemption.
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Including our quarterly legal compliance updates that are a great resource for evidence for your ISO audits.