Renewable Exchange was founded to support transparency, fairness and efficiency for independent generators. As part of this ambition, we have released our first REGO index which provides an industry benchmark for the price at which REGO certificates are trading.
The Index has been independently validated by AFRY (previously Pöyry) and establishes the average weighted bid prices for REGO certificates for the periods denoted, offered to embedded generators tendering on the Renewable Exchange platform. Bids have been submitted from traders and licenced suppliers in the UK. AFRY’s assessment of the index methodology is detailed in Appendix 1.
Renewable Energy Specialist REGEN has provided commentary on the REGO market detailed in Appendix 2.
Renewable Exchange has developed this index with the aim of providing statistical evidence of REGO value across 2019 and into 2020. The data analysed consists of the REGO component of bids for power purchase agreements on the Renewable Exchange PPA Marketplace. In some cases, offtakers or traders bidding have offered no value for REGO certificates.
UK REGO Weighted Price for bids submitted for all Technologies via the Renewable Exchange Platform
About AFRY: AFRY is an international engineering, design and advisory company. AFRY Management Consulting provides leading-edge consulting and advisory services covering the whole value chain in energy, forest and bio-based industries.
About REGEN: Regen is an independent not for profit centre of energy expertise and market insight whose mission is to transform the world’s energy systems for a low carbon future.