Examples of Renewables Obligation in a sentence
Not covered by Industrial Emissions Directive 2010/75/EU.2. ‘Biomass’ is referred to The Renewables Obligation Order 2002 (https://www.legislation.gov.uk/uksi/2002/914/contents/made)Give extra information if it helps to explain the fuel you use.
If you provide us with a current and valid EII Certificate that may qualify you for a reduction or exemption from the cost of CfD, the Renewables Obligation, Feed in Tariff or any other industry levy at a Site (an “ EII Exemption”), we may apply such EII Exemption until the relevant EII Certificate expires.
This requirement covers CFDs, the Capacity Market and the transitional arrangements from the Renewables Obligation.
For renewable generation, the CfD is intended to replace the Renewables Obligation (RO), the current mechanism for supporting large-scale renewable electricity.
NERA assessed four factors that would change the cost of capital under CfDs relative to the Renewables Obligation: ‘wholesale market risk’, ‘allocation risk’, ‘construction delay risk’ and ‘novelty premium’.