Economics

Scottish Wind May Gain in ‘Overdue’ Cost Review: Energy Markets

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Scotland, source of almost half the U.K.’s renewable energy, may benefit from a proposal to scrap the 20-year-old rule blamed for impeding wind and sea power.

Ofgem, the nation’s electricity regulator, plans to take comments until Nov. 17 on a plan that would abolish the system that charges the highest carriage rates to generators furthest from consumer centers, leaving Scotland with Britain’s highest transmission prices. Ofgem is due to make a decision next year.