e-POWER secured PPAs for 64MW of capacity in the January auction across all technologies. A total of 42 sites were auctioned, 20 of which were sold with ROCs. Prices were buoyed by the cold spell with sites receiving an average of 11 bids. Contracts were eventually awarded to 10 different Suppliers.
Our January ROC auction was equally successful, with over 160k ROCs sold and price increase of £1.73 (CP23 average price). The REGO market has softened following the boost to renewable capacity in the latest CfD auction.
Auctions dates:
RGGO – 5th February
REGO – 18th February
PPA – 19th February
ROC – 25th February