REGOs – The latest Wind Farm Scam

mars bar energy

I’m the 100% Renewable Energy from Lochluichart for Co-Op energy but I’m a bit intermittent.

Ever wondered how the Moy Wind farm can power a Mars Bar Factory 300 miles away with their renewable energy that only works part time. Ever wondered how Lochluichart can supply local (?) consumers with 100% renewable energy 100% of the time even when it isn’t working and using an energy supplier based in Warwick in the centre of England. The answer as they say ‘is blowing in the wind’. It is the latest wind farm scam. Otherwise known as Renewable Energy Guarantee of Origin (REGO) certificates. These are batched with ROCs. As ROCs are traded separately as well as batched with power one concludes that it is entirely possible to buy ROCs and REGOs without actually buying any energy from a specific wind farm. Now we know that wind energy coupled with ROCs is twice the price and as much as four times the price of conventional power so we much assume that if power supply is only balanced against 100% renewable certificates the tariff would be at least twice and as much as four times the rate of standard supply. If not then they are noting using 100% wind energy. So the scam is to use the certificates against purchase of the green tariff whilst balancing the costs by buying nuclear or fossil fuel power. Now if they referred to this as full time equivalent or supplies will be balanced against our REGOs that would be honest, if a mite pointless, but the industry quotes 100% renewable energy from your local wind farm. Now that is dishonest and a scam. Needless to say the ASA have accepted the claims of the energy suppliers as power laid off against held certificates (REGOs) is 100% renewable energy. I think this turns on it’s head the maxim “you can fool some of the people some of the time but not all of the people all of the time”. This is designed to fool all of the people all of the time!

One REGO is issued for each megawatt hour (MWh) of eligible renewable output generated (with effect from 5 December 2010). Prior to 5 December 2010 one REGO was issued for each kilowatt hour (kWh) of eligible renewable output generated. The primary use of REGOs in Great Britain and Northern Ireland is for Fuel Mix Disclosure (FMD). FMD requires licensed electricity suppliers to disclose to their customers, and potential customers, the mix of fuels (coal, gas, nuclear, renewable and other) used to generate the electricity supplied annually.  Source: Ofgem

As you can see these are now being used beyond their remit.

 

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About Dougal Quixote

Slightly mad. Always believes a cup is half full so continues to tilt at Wind Turbines and the politicians that seem to believe it is their god given right to ruin Scotland for a pot of fool's gold.
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