An offshore wind farm in Scotland has netted £647 million through a net zero loophole and by receiving payments when not producing electricity, a think tank has claimed.
The Renewable Energy Foundation (REF) alleged that consumers had effectively overpaid hundreds of millions of pounds for the Moray East wind farm in north-east Scotland as a result.
Moray East comprises 100 9.5MW turbines in the Moray Firth and is majority-owned by Ocean Winds.
According to analysis by the REF, between June 2021 and July 2023 it received more than £1.1 billion.
However, the think tank believes that a substantial proportion of that income is likely to be derived from controversial features of the energy system. Read on: https://www.telegraph.co.uk/politics/2023/09/23/scotland-wind-farm-accused-of-using-loophole/
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