Govt proposes electricity sector dry-year insurance rules
The Government has effectively declared that the electricity market has failed to manage dry-year risk, proposing to force the country’s largest electricity retailers and generators to secure firm winter energy cover in advance or face penalties of up to 10% of turnover.

Energy Minister Simeon Brown is consulting on a new two-layer “winter energy reliability obligation”, which would sit alongside the [Governmen … ⌘ Read more