What are Renewable Energy Guarantees of Origin?
Renewable Energy Guarantees of Origin (REGOs) are tradable certificates that document renewable electricity consumption in the United Kingdom.
Renewable energy producers recieve 1 REGO for each 1 MWh that they put into the electricity grid. These certificates can then be traded on the open market, where organizations can purchase and use them (referred to as "canceling REGOs") in order to prove the origin of the electricity they consumed.
Renewable energy producers recieve 1 REGO for each 1 MWh that they put into the electricity grid. These certificates can then be traded on the open market, where organizations can purchase and use them (referred to as "canceling REGOs") in order to prove the origin of the electricity they consumed.
Why do companies procure REGOs?
REGOs enable credible renewable electricity claims for compliance purposes. REGOs are used to:
Comply with UK compliance obligations
Meet UK compliance obligations under SECR and supplier Fuel Mix Disclosure.
Report market-based Scope 2 emissions
Possible or mandatory under reporting standards like ESRS (CSRD), GHG Protocol, CDP, RE100, SBTI, and more.
Satisfy investor ESG mandates
Meet institutional investor requirements and sustainability fund eligibility criteria to qualify for funding at better terms.
Meet customer demand for sustainability
Support public renewable energy claims with Ofgem-verified documentation that withstands stakeholder scrutiny.
Fund renewable generation
Provide UK generators with supplementary income streams that strengthen project returns in an isolated certificate market post-Brexit.
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