Written question asked by Andrew Turner (Conservative) on Friday, 16 July 2004, in the House of Commons. It was due for an answer on Thursday, 22 July 2004. It was answered by Stephen Timms (Labour) on Thursday, 22 July 2004 on behalf of the Department of Trade and Industry.

Dept of Trade and Industry

Question: To ask the Secretary of State for Trade and Industry, to what extent the renewable obligations certificate can be traded with wind power generating companies registered in the UK but whose beneficial ownership lies in offshore tax havens.

Answer: Mr. Andrew Turner: To ask the Secretary of State for Trade and Industry to what extent the renewable obligations certificate can be traded with wind power generating companies registered in the UK but whose beneficial ownership lies in offshore tax havens. [185739] Mr. Timms: Renewables obligation certificates or ROCs are issued in relation to eligible renewables output from generating stations in the United Kingdom. ROCs can be traded within Great Britain and in future this will be extended to include Northern Ireland. The renewables obligation is placed upon licensed electricity suppliers supplying customers in Great Britain, irrespective of where those suppliers may be based, and ROCs can be expected to be of value to such companies, to those selling renewables electricity to them and to traders in ROCs.

Secondary information

Type: Written question
Reference: 424 c516W;424 c516-7W; 185739
Session: 2003-04
Subjects: Companies Energy Offshore structures Offshore industry Renewable energy Wind power Renewables obligation Wind
Link: View this Written question on www.publications.parliament.uk