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Business Issue: Stakeholder Engagement
Alcan accredited to Renewables Obligation
plan in U.K.
The U.K. has placed renewable energy at the forefront of its low
carbon program, setting targets for 10% of the nation's energy needs
to be met by renewables by 2010, increasing to 20% by 2020.
The government's renewable energy strategy, in the form of the
Renewables Obligation, came into effect in April 2002. The Obligation
requires licensed electricity suppliers to buy an increasing percentage
of their supply from eligible renewable resources. They do this
by buying Renewables Obligation Certificates (ROCs) from accredited
generators of renewable power and presenting them to the U.K.'s
energy regulator as proof of having met their obligation.
Alcan's heavy investment ($14.7 million) in new hydropower turbines
and generators at Kinlochleven means that its renewable energy is
now available to the public electricity supply network in Scotland.
Recognition of this commitment to renewable energy came in April
2002, when Alcan was accredited under the terms of the Renewables
Obligation and became eligible to supply ROCs to electricity suppliers.
At the end of 2002, 20% of the 500+ megawatts of power Alcan generates
in the U.K. was from renewable sources. Having been accredited under
the Renewables Obligation, Alcan is now pursuing the development
of further renewable power from its significant Scottish Highland
Estates and its large landholding in Northumberland, England. In
doing this, Alcan will work closely with all stakeholders in contributing
to sustainability in the wider sense.
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