UK Regulator Opens Investigation Into Wind Farm Overstatements

The UK energy regulator Ofgem is investigating the behavior of wind farms that have been overstating how much power they will produce.

The probe follows a Bloomberg News report earlier Thursday which found that dozens of wind farms, many run by some of Europe’s largest energy companies, have saddled consumers with millions in extra costs by routinely overestimating the energy they planned to generate.

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“Ofgem’s wholesale markets oversight team are investigating the alleged behavior,” a spokesman said in an emailed statement, adding that the regulator had also asked National Grid Plc’s network operator to look into the matter. ...