Ofgem has imposed a hefty £9.78m penalty on SSE Generation for securing excessive payments from the UK’s electricity system operator, which was in breach of its licence and raised costs for customers.
Ofgem has imposed a hefty £9.78m penalty on SSE Generation for securing excessive payments from the UK’s electricity system operator, which was in breach of its licence and raised costs for customers.
This is when there is either shortfalls or excesses in power, requiring ESO to pay generators to turn off or power on generators to maintain balanced supplies.In October 2021, Ofgem opened an investigation into SSE’s compliance with the TCLC in relation to its Foyers pumped storage power station, which is located in Northern Scotland and regularly operates in transmission constraint periods.
This change was made to bring Foyers in line with what it believed was the market practice of other pumped storage operators, and to increase profit. However, the regulator believed it should have been clear to SSE’s senior management that its revised approach carried a significant risk of breaching the TCLC.
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