EMR meaning

ARCHIVED: This Practice Note has been archived and is not maintained. How are contracts for difference (CfD) and the renewables obligation (RO) connected? The renewables obligation (RO) is designed to stimulate investment in renewable generation. It achieves this by placing a duty on customer-facing electricity suppliers—who obtain electricity from generators, whether directly or indirectly—to procure an ever-increasing share of their wholesale supply from renewable sources. The Secretary of State (SoS) for Business, Energy and Industrial Strategy (BEIS) determines the proportion required each period. Suppliers prove compliance by submitting renewable obligation certificates (ROCs) to the Office of Gas and Electricity Markets (Ofgem). New ROCs are issued solely to accredited renewable generators, encouraging suppliers to purchase renewable output (together with separately priced ROCs) from such projects, thereby delivering a degree of financial support to those developments. For further details, see Practice Note: Renewables Obligation (RO)—accreditation of renewable electricity generators [Archived]. On 31 March 2017, the RO closed to most categories of new generation. The RO will continue to...

CASE HUB ARCHIVED – this archived case hub presents the position as at the penalty notice dated 20 December 2018; it is no longer being maintained. See also the timeline, commentary and related cases. Case facts Outline UK merger investigation into the completed acquisition by European Metal Recycling Limited of Metal & Waste Recycling Limited. The deal gives rise to horizontal overlaps within markets for metal recycling. Latest developments On 20 December 2018, the CMA issued a penalty notice to Ausurus and EMR for failure to comply with the initial enforcement order (IEO) imposed by the CMA. A combined penalty of £300,000 was levied for two infringements...

For fuller analysis of the regulation, consenting and incentivisation of the net zero transition under the laws of England and Wales, see Collinson and Hockman on Energy Law: Regulating, Consenting and Incentivising the Energy Transition. That textbook explores, in depth, many of the themes addressed in this Practice Note... This Practice Note outlines the principal aspects of the supplier obligation, a mandatory charge on Great Britain’s licensed electricity suppliers used to finance the Contracts for Difference (CfD) low carbon subsidy mechanism... It also explains the reliefs available for electricity provided to electricity intensive industries (EIIs) and for power sourced from renewable generators in other EU Member States, described as ‘Green Excluded Electricity’... What is the background to the CfD regime and Electricity Market Reform? The Electricity Market Reform (EMR) programme was developed by government between 2010 and 2015 to reshape the GB electricity system and stimulate investment in secure, affordable, low carbon generation. Reform was required due to strains on a fossil fuel dependent system and...