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From course:

Economics A Level (DONEEEEEEE)

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Question:

How has Regulation been used in Britain to Encourage Renewable Energy

Author: go kys



Answer:

-The Renewables Obligation Certificates (ROCs) have Encouraged the Usage of Power made from Renewable Sources -Electricity Suppliers had a Given minimum % of Power that had to come from Renewables Sources -Firms that made Renewable Energy were given ROCs Linked with the amount of Renewable Energy made, which can be Sold to Suppliers -Those Suppliers that failed to Reach the % had to pay a Financial Pay, which was distributed with Suppliers that Reached the %


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go kys
go kys