Ofgem has confirmed that the mutualisation of the Renewable Obligation (RO) has been triggered, as continued turmoil in the energy supplier sector leaves a shortfall of £218,300,151.73.
The UK government have put aside £1.7 billion to support failed supplier Bulb, following it going into the special administration regime earlier this week.
Scottish Renewables is calling on the government and Ofgem to reform what it said are “volatile and unpredictable” charges that penalise Scottish renewable projects.
Innovate UK is to partner with global business accelerator programme Free Electrons to provide a boost to start-ups as part of Ofgem's Strategic Innovation Fund (SIF).
Pozitive Energy, SmartestEnergy, Utilita, British Gas and Yü Energy have all been appointed as Suppliers of Last Resort (SoLR) by Ofgem for the most recent energy suppliers to have shuttered.
