EDF Energy - Finance
EDF Energy - Finance
EDF Energy - Finance
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(£m)<br />
The cost of the Renewable Obligation<br />
for the major Utilities<br />
• The total value of ROC + Buy Out fund is estimated at £1.4bn for 2010<br />
• The cost of the renewable obligations to suppliers in 2016 will be c.2.2bn<br />
• Today, the RO is only c.3% of typical consumer bills, but will continue<br />
to increase with the rising obligation<br />
Comparative But-Out costs per major Supplier in the UK in 2016<br />
Buy-Out<br />
costs<br />
500<br />
400<br />
300<br />
200<br />
100<br />
0<br />
Centrica<br />
Source: <strong>EDF</strong> <strong>Energy</strong><br />
<strong>EDF</strong><br />
<strong>Energy</strong><br />
EON RWE SSE Scottish<br />
Power<br />
Based on current RO price escalated at 2.5% p.a. and current supplier volumes increased at 2.5% volume increase p.a.