REGOs - WHAT ARE THEY?

 REGOs are Renewable Energy Guarantees of Origin certificates. used to certify renewable electricity in the UK. For each MWh a renewable generator produces, they can claim a REGO. Some people and some businesses want to be able to say they use renewable energy. For businesses this may be important to them as they believe their customers will think more highly of them if they can demonstrate their "green" credentials.

In reality the electricity available to us all is fed into the grid by all the different sources of supply including renewable and non-renewable suppliers. So everyone gets the same mix, which is constantly changing as the strength of the wind and the intensity of sunlight change. The concept of receiving 100% renewable energy is therefore an abstract concept which is based on trading these certificates. 

Where there is a market that can be fiddled then it is almost certain that it will be. You can read more details about this below;

Renewable Energy Guarantees Origin (REGO) Scheme Explained - Simply Switch 

 For many businesses, renewable power has become a crucial part of evidencing how they are decarbonising.  There is a lot of pressure on some businesses to do this, but how much more are they prepared to pay for electricity to do it?

Another important point to note is that for every customer that purchases REGOs and claims that their electricity is 100% renewable, the remaining customers will be deemed to be receiving a higher percentage of non-green energy, though they won't be told this! 

The result is NET ZERO as far as reducing the UKs overall CO2 emissions.