Scotland's Beatrice offshore wind farm, operated by Bowl, pays £33.14m to Ofgem for breaching market rules, leading to excessive prices and higher consumer costs.
Scotland's Beatrice offshore wind farm, operated by Beatrice Offshore Windfarm Limited (Bowl), has agreed to pay £33.14m to Ofgem after breaching market rules. The breach occurred when Bowl charged excessive prices to reduce its generation output, resulting in higher costs for consumers. The company has admitted the breach and will make the payment to Ofgem's Redress Fund, which supports projects and schemes for energy users, particularly those in vulnerable situations.
May 28, 2024
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