Consumers not getting best value for renewable energy subsidies, say MPs

Public Accounts Committee says contracts for difference for eight projects, worth £16.6bn, are poorly conceived and managed

Consumers have been left to pick up the bill for poorly conceived and managed contracts worth £16.6 billion for renewable energy, MPs have warned.

Contracts for eight renewable energy projects were awarded early without competition to avoid delays in investment as the government brought in the new contracts for difference subsidies scheme.

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