Next e-POWER Auction
The next auction will be held on 13 July 2010. Information on the renewable electricity to be auctioned will be available to registered suppliers from 23rd June 2010.

In our auctions, generators using the service have the option to agree a reserve price for their electricity.

e-POWER AUCTION results - 1ST FEBRUARY 2010

The latest on-line auction of green electricity was completed on 1st February 2010.

A total of 252 projects representing some 698 MW of capacity were auctioned. These were mainly NFFO and SRO projects but also included projects being auctioned directly on behalf of generators. The auction began on Tuesday, 26th January, and contracts were finally awarded to a total of eight successful bidders. They are for electricity to be produced between 1 April and 30 September 2010.

The average price, at 8.24 p/kWh, represented an average for ROC inclusive projects of 8.58 p/kWh and 3.55 p/kWh for those technologies which do not receive ROCs. The overall average price for summer 2009 power was 8.95 p/kWh.

Average prices by technology band are given below.

legislation
From 1 April 2007, a generator will not need to have a Sale and Buy-back agreement with a supplier in order to receive ROCs for electricity he generates and consumes on site. This change will benefit those generators who wish to sell ROCs using e-ROC auctions.

For the period: 1st April 2010 to 31 March 2011, the Buy-Out Price per ROCs will be £36.99. Under the Renewables Obligation, electricity suppliers must source at least part of their electricity from renewables generators. In England & Wales and Scotland, the level for 2010-11 is 11.1 ROCs per 100MWh; in Northern Ireland, the level is set at 4.27 ROCs per 100MWh.