Consultation outcome

Defining our policy on renewable energy trading

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
This consultation has concluded

Download the full outcome

Response to Call for Evidence on Renewable Energy Trading

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email enquiries@beis.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Detail of outcome

In April 2012 the Government published a Call for Evidence on Renewable Energy Trading. This was intended to understand the:

  • availability and potential for trading renewable effort with other Member States and third countries, including the potential to export renewable energy and credits
  • potential costs, benefits and risks to the UK of making use of the flexibility mechanisms to trade renewables.
  • issues and barriers which will need to be addressed to enable renewables trading.

DECC received 36 responses to the Call for Evidence on Renewable Energy Trading. The government response has now been published. It concludes that:

  • Importing renewable electricity could help the UK meet its 2020 renewable energy target.
  • There is little doubt that physically importing renewable electricity has real potential. The potential for statistical trading of ‘virtual’ renewable credit is less certain at this stage.
  • We need to conduct further work to establish the practical viability of physical renewable energy trading. This work will be finalised towards the end of the year and will inform final decision-making on how best to take the policy forward.

Original consultation

Summary

Use of the flexibility mechanisms outlined in the Renewable Energy Directive (2009/28/EC) is referred to as ‘trading’. The UK committed in …

This consultation ran from
to

Consultation description

The UK committed in the Renewable Energy Roadmap, published Summer 2011, to take the powers necessary to trade renewable energy with other Member States and third countries.

Although the UK is committed to meeting the 2020 target domestically, trading has the potential to protect UK consumers from cost and delivery risks.

A final policy decision on whether trading will take place has not yet been taken and this call for evidence is intended to improve our understanding to better inform this decision.

Documents

Call for evidence: renewable energy trading

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email enquiries@beis.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Annex B: spreadsheet for return to DECC

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email enquiries@beis.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.
Published 30 April 2012