Energy firms provided misleading information for power auction

Ofgem has announced two energy firms provided inaccurate information when applying for its capacity auction. Adret and Berangere, subsidiaries of GF Energy, falsely claimed they had already secured planning consent for […]

Ofgem has announced two energy firms provided inaccurate information when applying for its capacity auction.

Adret and Berangere, subsidiaries of GF Energy, falsely claimed they had already secured planning consent for all of their generating units during the Capacity Market auction last year.

Berangere, which secured contracts for three generating units, did not have planning consent for one of them, according to the regulator.

Its capacity agreement has been terminated for the generating unit which didn’t have planning consent and won’t be allowed to enter the capacity auction for two years.

Adret supplied correct information for two generating units but it incorrectly claimed that it had planning consent for another unit which failed to win.

The regulator said: “Ofgem has also taken action to change the Capacity Market Rules ahead of this year’s Capacity Auction. Applicants must now provide the relevant planning consents to National Grid in addition to the declarations made prior to entering the auction.”

ELN has contacted GF Energy for a response.

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