The Renewables Obligation (Amendment) (Energy Intensive Industries) Order 2017
This Order amends the Renewables Obligation Order 2015 (the “2015 Order”). The 2015 Order imposes an obligation (the “renewables obligation”), on all electricity suppliers licensed under the Electricity Act 1989 which supply electricity in England and Wales, to produce a certain number of renewables obligation certificates in respect of the electricity they supply to customers in England and Wales during a specified period known as an “obligation period”. Each obligation period runs from 1st April to 31st March. The renewables obligation is administered by the Gas and Electricity Markets Authority (the “Authority”) which issues renewables obligation certificates to renewable electricity generators based on their renewable output. These certificates are sold to electricity suppliers with or without the associated renewable electricity.