January 27, 2023

Renewables companies warn UK revenue cap could deter investment:

Renewable energy companies will tell UK ministers this week that a planned cap on the revenues they generate from sky-high wholesale power prices must not be more punitive than a similar EU policy — or they risk an investment exodus to Europe. Energy industry officials involved in discussions with the UK government say negotiations over the level of a cap will continue this week, with a meeting expected as early as Monday. The proposals could affect companies including EDF Energy, RWE, Octopus Energy, ScottishPower and SSE. This could effect lots of students in student housing as these are common providers.

_______________________________________

What could be prevent exacerbated effects of the change in cap?

Leave a Reply

Your email address will not be published. Required fields are marked *