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The following glossary of technical terms used on this website is designed braek down any jargon used in the industry. If you have any questions please contact us.

AET: (Acronym) Average Energy Tariff. Spain
Array: Multiple devices linked together to provide a “farm”

CARICOM: (Acronym) Caribbean Community Secretariat.
CCC: (Acronym) Climate Change Capital
CHP: (Acronym) Combined Heat and Power
CRDP: (Acronym) Caribbean Renewable Energy Development Project

DEFRA: (Acronym) Department for Environment Food and Rural Affairs
DfES: (Acronym) Department for Education and Skills
DTI: (Acronym) Department of Trade and Industry

ERDP: (Acronym) English Rural Development Programme

GW: Giga Watt (1,000MW)
GC: (Acronym) Green Certificate

IEEA: (Acronym) Intelligent Energy Executive Agency.
IPO: (Acronym) Initial Public Offer
IPR: (Acronym) Intellectual Property Rights. Patents, Copyright and Trademarks.

LCA: (Acronym) Low Carbon Accelerator
Long-Term Indices: Refers to both All Renewable Index and Long Term Wind Index

MBC: (Acronym) Marine Bill Consultation
MW: Mega Watt (1,000kW)

NaREC: (Acronym) New and Renewable Energy Centre. Based in Blyth, Northumberland UK.
NGOs: (Acronym) Non Government Organisations

OfGEM: (Acronym) The Office of Gas and Electricity Markets
ON: (Acronym) Ocean Navitas

PPA: (Acronym) Power Purchase Agreement
PRaSEG: (Acronym) Associate Parliamentary Renewable and Sustainable Energy Group
Prime Mover: The ocean; Sea

RAB: (Acronym) Renewables Advisory Board
REA: (Acronym) Renewable Energy Association
RO: (Acronym) Renewable Obligation
ROC: (Acronym) Renewable Obligation Certificate
RTFO: (Acronym) Renewable Transport Fuel Obligation

SROC: (Acronym) Scottish Renewable Obligation Certificate

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