The mutualisation threshold for the Renewables Obligation (RO) scheme has been set at more than £72 million in England and Wales for scheme year 2023/24, Ofgem has confirmed. Ofgem has also confirmed that the buyout price for the 2023/24 obligation period is £59.01 per ROC, a significant jump from the previous period’s buyout price.
Ofgem increases RO mutualisation thresholds
