REGOs: Renewable Energy Guarantees of Origin in the UK

Track and report renewable electricity consumption in Great Britain and Northern Ireland. 

REGOs

What is a REGO?

Renewable Energy Guarantees of Origin (REGOs) are the certificates used to track and document the consumption of renewable energy in the United Kingdom. Each REGO represents 1 MWh of renewable energy and states how, where and when that unit of energy was produced.

REGOs are cancelled —or redeemed— in favour of a single organisation, which then owns the environmental benefits of that unit of energy, such as lower emissions.

After the UK's exit from the EU, REGOs are the only documents that enable businesses to claim ownership of clean energy, cut greenhouse gas emissions, and meet renewable energy objectives. 

REGOs in Great Britain and Northern Ireland

The REGO purchasing process

01 Strategy

Our advisors tailor a procurement plan for your company based on your location, volume of consumption, and sustainability ambitions.

02 Offer

Based on your country and volume of consumption, we discuss how we can help you reach your renewable energy ambitions.

03 Contract

We deliver a standardised contract to guarantee the purchase and delivery of REGOs by an agreed date.

04 Delivery

We provide you with an invoice and all the necessary documentation for renewable energy reporting.

What are the benefits of buying REGOs?

Companies that buy renewable energy documented with REGOs:

  • Reduce Scope 2 emissions in line with the Greenhouse Gas Protocol. 

  • Become more appealing to investors and funds with sustainability criteria.
  • Build loyalty with an increasing share of environmentally minded customers.
  • Accelerate the energy transition by directing extra income to clean power producers, making renewables more competitive and incentivising investments in new capacity.

The price of REGOs

The REGO market is subject to multiple pressures. Weather patterns, policy changes, and geopolitical events can affect the price of the certificates.

The graph below shows the price behaviour of the REGOs over time. Although, future developments are hard to predict, Ecohz’ advisors monitor the market constantly to provide our customers with the most cost-effective solution available.

REGOs wo prices

 

Building a smart REGO procurement strategy

01 Consumption period

noun-calendar-7907541 (1)REGOs can be cancelled to comply with different consumption periods, which offers cost-saving opportunities.

02 Timing

noun-stock-market-7887831Agile purchasing allows you to take advantage of market fluctuations.

03 Technology

noun-wind-turbine-7912273Whether solar, wind, hydro, biomass or other, tech can be determining for REGO prices.

04 Long-term procurement

noun-binoculars-7569581Forward year REGO buying and other strategies such as PPAs can cut costs and reduced risk.

05 Sustainability standards

noun-standard-5343524Aligning with initiatives such as RE100 and obtaining high CDP scores requires meeting strict quality requirements.

06 Reporting deadlines

noun-documents-1013544Ensure REGOs are purchased prior to registry deadlines too.

07 Ecolabels

noun-leaf-7865043Consume renewable energy meeting requirements of specific standards or certification programmes.

Ecolabels for additional impact

Buy renewable energy from power plants that meet stricter sustainability standards and unleash additional social and environmental benefits.

Ecolabels

Ecohz Renewable Energy Procurement Portals

We developed digital platforms that simplify how you source renewables around the world, whether for business units or value chain partners.

For Scope 2

Bring decentralised renewable energy procurement under control with a platform that streamlines EAC purchases globally. 

For Scope 3

Give your suppliers easy access to renewable energy and reduce Scope 3 emissions worldwide.

Scope 2 portal

Sell your supply

Market your renewable electricity to buyers worldwide.

RE100 tightens criteria for renewables and adjusts European market boundaries

RE100's new technical criteria enter into force on 1 January 2024, raising standards for renewable energy sources, redefining European market boundaries, and setting a limit on the commissioning date of green power plants. 

Ecolabels

Consume renewable energy meeting requirements of specific standards or ecolabels. Buy Energy Attribute Certificates (EACs) from power plants that meet stricter environmental standards and are verified by an external auditor. Choose between national or international ecolabels and standards, document the age and type of the power plant, technology and unique operational focus, and raise funds for renewable energy projects.

Would you like a price offer on REGOs? Let's have a chat.

Get in touch

Peter Bloor
Director Corporate Sales

Book a meeting

Adrien Mathys
Senior Renewable Portfolio Manager

Book a meeting

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