On 28 September 2022, the Authority published its notice of proposal to issue a Final Order (FO) on Logicor Energy Ltd in accordance with Section 25(1) of the Electricity Act 1989 (EA89)
The particular behaviour of concern giving rise to the proposed FO was that Logicor Energy Ltd failed to meet its Renewables Obligations (RO), by failing to produce Renewables Obligation Certificates (ROC) to the Authority by 1 September 2022, or to make payments as an alternative by 31 August 2022, sufficient to discharge its RO. Logicor Energy Ltd subsequently failed to provide robust assurance that it could and would be in a position to make the necessary payment, including applicable interest, by the late payment deadline of 31 October 2022.
The Authority noted the representations received in the context of the consultation undertaken pursuant to section 26(1) of the EA89.
Logicor Energy Ltd made full payment of its RO for 2021-22, including all applicable interest, thus ensuring compliance with its RO for 2021-2022.
Therefore, on 26 October 2022, the Authority made a decision not to make a FO.