Renewable energy generators and nuclear power plants could have their revenues capped under a new UK Government plan to ensure they are not benefitting from record-high energy prices.
Without releasing much detail, Westminster said it would try to break the link between high gas prices and the amount made by electricity producers.
The government said the price of gas decides the price of electricity, so as gas prices soared over the last year, many of Britain’s wind farms and solar farms were paid a lot more than normal for their products, even though their costs had not increased very much.
