UK industrial and commercial (I&C) energy users have long relied on Renewable Energy Guarantees of Origin (REGOs) to evidence their renewable power sourcing – but this once-stable system is starting to show cracks. After REGOs reached record highs of around £20 per certificate in late 2023, affordability became a major new concern.
For many businesses, REGOs have been the only practical, Ofgem-recognised way to demonstrate progress on Scope 2 emissions. But as expectations evolve, companies will increasingly need to show not just the quantity of renewable energy they procure, but also that it genuinely reflects their consumption patterns.
This is the context for Evolve Energy's partnership with Enosi – a move that shifts the conversation from annual book-and-claim to asset-level, half-hourly matching. Enosi's Powertracer platform matches export-metered generation to import-metered demand in 30-minute slices.
For I&C businesses and their investors, this is the commercial heart of the matter. Annual, supplier-mix certificates are a floor, not a ceiling; the direction of travel is granular traceability.
So, what should TPIs and consultancies do now for I&C clients who've used REGOs for years? The answer isn't to abandon certificates; it's to translate them. Start by diagnosing the demand profile, then assess how half-hourly matching could bring generation and consumption into closer alignment through an aggregated route.
In short: the REGO bubble hasn't "burst" so much as the bar has been raised. Those who act early will be the ones who can look their boards, their investors and their customers in the eye and prove, not just say, how their power was green at the time they used it.
