MA Energy Limited: Final Order
Orders
Closed
Publication date
Closed date
Company
Industry sector
Supply and Retail Market
Scheme name
RO
On 2 October 2020, the Authority published its notice of proposal to issue a Final Order (FO) on MA Energy Limited 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 MA Energy Limited failed to meet its Renewables Obligations (RO), by failing to produce Renewables Obligation Certificates (ROC) to the Authority by 1 September 2020, or to make payments as an alternative by 31 August 2020, sufficient to discharge its RO. MA Energy Limited 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 2020.
The Authority noted the representations received in the context of the consultation undertaken pursuant to section 26(1) of the EA89.
MA Energy Limited made full payment of its RO for 2019-2020, including all applicable interest, thus ensuring compliance with its RO for 2019-2020.
Therefore, on 28 October 2020, the Authority made a decision not to make a FO.