Uncertainty over UK ROCs damages investor confidence

In December 2009 the UK government’s Department of Energy and Climate Change (DECC) confirmed that the UK’s Renewable Obligation (RO) scheme would be extended to 2037, but concerns over regulatory risk in the UK renewables market could lead to project cancellations, say experts.
The RO is the government’s principal incentive scheme to generate renewable energy in the UK and was first introduced in 2001. Under the RO, renewable producers are issued with Renewable Obligation Certificates (ROCs)
More on Regulation
Esma sounds out industry for ways to cut reporting burden
Markets watchdog asks consultative groups for ideas to simplify reporting rules
Why EU banks have snubbed revised green finance metric
Banks steer clear of Banking Book Taxonomy Alignment Ratio in droves
Ruled out: can regulators settle the pre-hedging debate?
Market participants are at odds over the practice and whether regulation or principles can settle the score
First green asset ratios come in low as EU banks protest methodology
ABN Amro only bank to break double digits in a sample of 23 lenders
Commodities surge presents UMR test for Asia’s sell side
Increased interest in commodity exotics comes amid scrutiny of margin calculation models
Some see Esma reining in position limits after review
The scope of position limits could shrink to cover just the major benchmarks, one executive argues
Burden of implementing US sanctions now firmly on energy firms
Energy firms must now screen operations of every vessel they deal with, writes maritime data expert
Shipping and energy firms revisit hedging on IMO 2020
Upcoming shipping rules set to impact fuel prices across the energy complex