ROC Auction - FAQ's

If we are unable to answer your question below, please email: info@roc-port.com

What are the steps in the Auction?

Is there a minimum or maximum number of ROC's that I need to sell in an auction?

What is the Ofgem Renewables and CHP register?

What is the Renewable Obligation?

What is Sniper Protection?

What is the Renewable Obligation?

What is the advantage of using ROC-PORT to trade my ROCs?

Why is it free?

What is Roc-Star?

1) The seller lists their ROCs they are wanting to sell

2) Buyers Bid in the same way as a traditional auction

3) When the auction is completed, emails are automatically sent to the winning buyer and successful seller

4) The seller transfers their ROCs directly to the buyer

5) The buyer transfers the proceeds directly to the seller

Roc-Port has not involvement in the process other then to provide a matching service and willing buyer and willing seller

There is no minimum or maximum number of ROC's you need to sell with Roc-Port. You can start selling from as little as 1 ROC.

This register records information on various government renewable and CHP schemes. It records information about the ROC's you wish to buy or sell.

A buyer must have an account registered with Ofgem if they intend to place a bid. Without this, a successful bidder would not be able to receive the ROC's won in the auction. This is the reason the bidder must have an account registered with Ofgem before they are able to start bidding.

Please follow this link to register: https://www.renewablesandchp.ofgem.gov.uk/

The Renewable Obligation (RO) is a market-based mechanism which is designed to incentivise electricity suppliers to buy a certain percent (the obligation) of their electricity supply from renewable energy. This obligation rises each year. For 2008, it is 9.1%

This option is designed to stop people placing a bid right at the last minute and winning the auction, also known as ‘sniping’!  It works as follows: If a bid is placed in the last 10 minutes of the auction, the auction will be extended by a further 10 minutes.  It means everybody gets a fair chance to place a competing bid towards the end of the auction, and usually helps the seller to get a true value for their auction.

It is a UK based scheme that incentivises the generation of electricity from renewable sources.

Electricity Generators earn Renewable Obligation Certificates or ROCs for every MW/h of renewable electricity generated and sell their ROCs to Electricity Suppliers who in turn present their ROCs to OFGEM to prove that they have met their obligation.

1. Its completely FREE to trade with us
2. There is NO obligation to trade with us once you have registered
3. You can trade your ROCs 24/7
4. You control your own price and volume
5. Sell or buy from as little as 1 ROC
6. There is NO contract to use us
7. Set your optional reserve price
8. Anonymouse and secure auction trading platform

It is our goal to promote renewable energy in the UK. By offering a free platform, available to everybody, we have removed all barriers to entry when it comes to buying or selling ROCs, and have made it easy. If you can click a mouse, you can trade with us.

We will improving ROC trading volumes, improve liquidity and establish a true market-price, and make this process transparent.

A ROC is an homogenous product. Therefore there is no advantage in paying somebody to sell your ROC, when you can try and sell it through us for free. If you do not have a successful auction with us, then you can try and pay somebody to sell it for you.

We offer you the opportunity to get a true market price for your ROC.

Roc-Star is a premium ROC auction service and is limited to participants who meet certain eligibility criteria.