Blue-NG’s achieves CHiP Renewable status from Ofgem
The energy regulator Ofgem has given Blue-NG’s new model of Combined Heat and Power (CHP) renewable status. It means that the company’s CHiP plants, will qualify for financial support under the Renewables Obligation. In regulatory jargon, Blue-NG has been awarded “preliminary accreditation” for its first plant at Beckton in East London, meaning the government is satisfied that it can be classified as renewable generation. This follows a decision by Ofgem in October 2008, which gave the company consent to have access to the National Grid owned pipeline infrastructure.
The news has been welcomed by Andrew Mercer, CEO of Blue-NG who said:
“This is a crucial decision for us and means we can move ahead with confidence. Being recognised as renewable under the RO is vital to our business plan. Preliminary accreditation is in effect, the last regulatory hurdle we had to jump through.”
Click here to read Ofgem letter confirming preliminary accreditation.