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Bloomberg

Reform Threatens to Cancel UK Wind Contracts Ahead Of Auction

Reform UK is threatening wind developers with the future cancellation of subsidies in the lead up to a key auction, should they win the next election. In a letter to eight major energy companies, the deputy leader of the party, Richard Tice, threatened to 'strike down' any contracts which subsidize renewable developers in an upcoming auction should Reform rise to power. The letter was sent to Vattenfall AB, RWE AG, Octopus Energy Group Ltd., Centrica Plc, Equinor ASA, Scottish Power Ltd., Orsted A/S and SSE Plc.