This Order amends the Renewables Obligation (Scotland) Order 2009 (“the 2009 Order”). The 2009 Order has a mechanism known as mutualisation which provides for recovery by the Gas and Electricity Markets Authority of payments from suppliers if there is a payment default and the level of default is equal to or in excess of a threshold. This Order provides that the mutualisation threshold is updated each year and linked to the annual cost of the scheme to suppliers.
↧