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Eduardo
Eduardo
373 posts

Re: Slight sidetrack
Dec 11, 2009, 14:21
Is ROC retirement an etical choice rather than a carbon reducing one maybe?

To me a supplier is just a broker -they buy power off generators & sell it to consumers. Best they can do is offer an ethical choice to concerned customers, which is what GE do and it applies indirect pressure on all other suppliers to behave ethically.

It's power generation & consumption that produces carbon and I agree that GE would be better to take the ROC money & get involved. Be good to see them do something different (other than build big onshore windfarms like eg, Ecotricity, which take forever in consenting), maybe offer finance to domestic & small projects, perhaps with some cunning PPA arrangement to recoup the investment rather than loan repayment. They don't need to be particularly profitable if they're currently binning >£3m of ROCs.

That said, Ecotricity are a well respected developer owner & operator of windfarms, been involved in it for a long time. Not sure if they are involved in other technologies. I think they're great, maybe more conventional than GE but pretty exciting nevertheless. Not sure what capacity they've built so far, I'll try & find out. I think it's quite a bit.

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