REGO (Renewable Energy Guarantee of Origin)
A certificate issued by Ofgem for each MWh of accredited renewable generation in Great Britain, used to evidence renewable electricity supply.
REGOs are issued to accredited renewable generators at one certificate per megawatt-hour of output. Suppliers use them for fuel-mix disclosure, and they underpin “green tariff” and corporate renewable-supply claims in Great Britain.
REGOs can be transferred with the power they relate to (“bundled”) or traded separately (“unbundled”). In PPA negotiations, whether REGOs transfer to the buyer — and at what value — is a standard structuring point.
REGOs apply in Great Britain. The EU operates a separate Guarantees of Origin scheme, and the two are no longer mutually recognised.
Structuring against this in a live deal?
ETC prices and executes PPAs across GB — founder-led, from indicative quote to signed contract.