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renewables obligation certificates (ROCs)

  • Drax: Renewable power operator agrees to pay £25m as Ofgem shuts probe

    Energy

    Power station operator Drax has agreed to pay £25m after an investigation by energy watchdog Ofgem found it failed to report data adequately. Drax, which receives hefty Government subsidies from burning biomass wood chips, lacked the necessary data governance and controls in place, according to Ofgem. This meant it did not give the regulator accurate [...]

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