Reform puts power companies on notice over clean energy plans
Deputy leader Richard Tice sent a formal notice, warning companies that participating in the upcoming CfD auction (AR7) would be at their own risk.
The CfD scheme currently guarantees renewable energy developers a fixed price for electricity, insulating them from market volatility and encouraging investment.
Climate analysts warned that scrapping the scheme would deter investment, jeopardise British jobs, and increase the UK's reliance on foreign gas.
Labour criticised Reform UK's position, stating it would discourage clean energy investment, threaten jobs, and put the nation's energy security at risk.
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