Ofgem has confirmed that for the first time in six years the mutualisation of missed Renewables Obligation (RO) payments will not take place. The energy regulator has revealed that for the 2022-23 obligation year four unnamed suppliers failed to meet their total obligations by the 1 September deadline, resulting in a combined shortfall of more than £7.2 million in the buy-out funds. These suppliers consequently owed late payments.
RO mutualisation avoided for first time since 2017
