Another two power suppliers have ceased to trade, in what continues to be a challenging market for smaller players.
Ofgem has proposed a £100,000 fine for Symbio Energy to send a “strong message” about late payments into government renewables schemes.
Symbio Energy is being investigated by Ofgem over late Renewables Obligation and feed-in tariff (FiT) payments.
Ten energy suppliers that failed to meet the late payment deadline for Renewable Obligations (RO) have now either gone bust or had their licence revoked.
Yorkshire Energy has ceased to trade, becoming the latest small supplier casualty of 2020.
We take a look at how accurate our energy experts predictions for 2020 have proven.
Ofgem has issued final orders to three energy suppliers for failing to pay £15 million in Renewables Obligation (RO) and Feed-in Tariff (FiT) payments.
‘Shortcomings’ of Northern Ireland’s Renewable Obligations scheme highlighted despite renewables growth
A number of "shortcomings" in the design of Northern Ireland’s Renewable Obligation scheme (NIRO) have been identified, allowing the rate of return to be in excess of 20% for some generators.
The risk of Renewable Obligation (RO) mutualisation has grown, as the supply market continues to be challenging.