Government to review wind farm profiting
The Government will review its contracts with renewables producers after it emerged wind farms were making profits from record energy prices instead of paying back to the taxpayer.
The Business Secretary has ordered talks with at least one wind farm generator, amid concerns it was profiting from the cost of living crisis.
The Government provides wind farm producers a guaranteed price for electricity to aid the development of renewable energy. But some are choosing to sell on the wholesale market during record energy prices to avoid returning profits to the taxpayer.