UK to cap renewable energy company revenues

London (AFP) Oct 12, 2022
Britain will introduce a cap on the revenues of companies that produce low-carbon electricity in an attempt to mitigate the impact of soaring energy prices on consumers. The temporary cap on energy companies that produce electricity from renewables and nuclear is being introduced in England and Wales, the government said in a statement late Tuesday. The measure “will reduce the impact of This article was originally published by Solardaily.com. Read the original article here.