Tuesday, November 1, 2016
In 2013, in its first report on the Levy Control Framework (LCF), the National Audit Office said the government must make sure it had “robust arrangements to monitor, control and report on all consumer-funded spending” and extend that control to other schemes including the capacity market. At that time, the NAO also “highlighted that the Department [of Energy and Climate Change (Decc)] would need to monitor the risk of under- or over-allocating Contracts for Difference and the risk of breaching the cap if the wholesale price of electricity fell”.
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