RO payments

Gnergy may have licence revoked over unpaid RO

Ofgem has issued challenger supplier, Gnergy, with a notice of failure to comply with a final order, over its outstanding renewables obligation payments. As Utility Week revealed yesterday, Gnergy is the sole remaining supplier to owe such payments, with the rest having either paid or ceased trading.

09/01/2020

News

Suppliers leave market owing £100m in RO payments

Ofgem has confirmed the outstanding amount of Renewable Obligations payments, meaning mutualisation will be triggered for the second time in as many years. The regulator has named the suppliers which still owed money as of the late payment deadline.

05/12/2019

News

Failed suppliers left behind £72m unpaid RO bill

The figure is well above the thresholds for activating the mutualisation process, which last year was triggered for the first time after suppliers failed to make more than £58 million late Renewables Obligation (RO) buyout payments by the annual deadline on 31 October.

01/11/2019

News

Ofgem to revoke URE Energy’s supply licences

Ofgem has announced it will revoke URE Energy's gas and electricity supply licneces after it failed to make over £200,000 in RO payments.

15/08/2019

News

Click Energy to be slapped with provisional order over unpaid RO

Click Energy is one of two companies which is yet to pay its renewables obligation (RO) payment.

23/07/2019

News

URE Energy in danger of having licence revoked

URE Energy is in danger of having its licence revoked within the next three months after the supplier failed to comply with a final order issued by Ofgem in March.

07/05/2019

News

Eversmart Energy confirms it met Renewables Obligation

Eversmart Energy has announced it has now paid all of its remaining Renewables Obligation (RO) payments after it failed to meet the original and extended deadline last year.  

04/04/2019

News

Ofgem issues URE Energy with final RO payment order

Ofgem has issued URE Energy with a final order, meaning the supplier must pay more than £200,000 in renewables obligation (RO) payments by 31 March.

11/03/2019

News

London-based supplier Brilliant Energy enters credit default

Brilliant Energy has entered level two credit default according to balancing and settlement code administrator Elexon.

05/03/2019

News

Ovo looks to acquire Spark Energy’s operating company

Ovo Energy has confirmed it has entered a conditional agreement to acquire the operating company of Spark Energy.

26/11/2018

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