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URE Energy

UK energy company loses license over unpaid renewables obligations

URE Energy repeatedly missed deadlines to settle a £209,000 bill after it failed to source enough of the electricity it supplied two years ago from renewable generation.

UK regulator reveals power companies owe almost £63m to renewable energy obligation pots

Four electricity suppliers have been named by Ofgem for missing payment deadlines for penalties prompted by their failure to meet renewable energy buying obligations. A separate fund for small-scale generators, paid for by energy suppliers, also has a financial shortfall.

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