Crack down on firms ‘manipulating’ UK electricity market
Energy regulator Ofgem plans to tackle the practice that involves generators warning the electricity system operator that they are turning their power plants off at times of peak demand and then offering to keep them running in exchange for a “balancing” payment. This created £525m of extra revenue in 2018-2022, over 90% of it in the last two years.

23 March 2023

The Guardian