2OC qualifies for Renewable status

The energy regulator Ofgem has given 2OC’s new model of Combined Heat and Power renewable status. It means that the company’s UK Combined Heat and intelligent Power (CHiP) plants, will qualify for financial support under the Renewables Obligation. In regulatory jargon, the company 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 allowed access to the National Grid owned pipeline infrastructure.