UK gas plants in line for large windfall payments to keep lights on this winter

Gas companies can be sent multimillion pound fees to generate electricity when wind and solar power is in short supplyMore UK gas plants will be in line for windfall payments to help keep the lights on this winter after generators received multimillion-pound payouts last winter.Britain’s energy system operator expects the UK’s winter power supplies to reach their highest level in five years, in part due to a rising number of gas plants willing to generate electricity during the colder months. Continue reading...

UK gas plants in line for large windfall payments to keep lights on this winter

Gas companies can be sent multimillion pound fees to generate electricity when wind and solar power is in short supply

More UK gas plants will be in line for windfall payments to help keep the lights on this winter after generators received multimillion-pound payouts last winter.

Britain’s energy system operator expects the UK’s winter power supplies to reach their highest level in five years, in part due to a rising number of gas plants willing to generate electricity during the colder months. Continue reading...