NewsBot
30-Jun-14, 08:40
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Early Contracts for Renewable Electricity
The National Audit Office is not convinced that the Government sufficiently protected consumers' interests by awarding without competition £16.6 billion worth of early contracts to eight renewable generation projects at risk of investment delay. This decision may provide higher returns to contractors than needed to secure the investment and also limits the amount of remaining budget subject to competition in later rounds. [Read Full Article (http://www.caithness-business.co.uk/article.php?id=5066)]
Early Contracts for Renewable Electricity
The National Audit Office is not convinced that the Government sufficiently protected consumers' interests by awarding without competition £16.6 billion worth of early contracts to eight renewable generation projects at risk of investment delay. This decision may provide higher returns to contractors than needed to secure the investment and also limits the amount of remaining budget subject to competition in later rounds. [Read Full Article (http://www.caithness-business.co.uk/article.php?id=5066)]