Tag: Renewables Obligation scheme
-
Industry analysts react to UK electricity market reforms
Environmental Finance is the only global monthly magazine covering the ever-increasing impact of environmental issues on the lending, insurance, investment and trading decisions affecting industry. Today, the magazine covers a selection of the key responses to the UK’s electricity market reform (EMR), announced yesterday. “When feed-in tariffs are being amended less than a year after…
-
British Gas fined £1m by Ofgem for misreporting
The Renewables Obligation scheme requires energy firms to detail their use of renewables. Energy regulator Ofgem has fined British Gas £1m for misreporting how much electricity it supplied. This affected its target under the government’s programme for supplying electricity from renewable sources. The error was made over seven years by British Gas Business, which supplies…