Basic Search  |  Summaries  |  Advanced SearchPenalty: £23,630,000
Year: 2023
Date: 7 December, 2023
Offence Group: competition-related offences
Offence Type: energy market violation
Violation Description: Ofgem imposed a £23.63 million fine on EP SHB after a finding that the company breached its generation licence in a way that unfairly raised consumers' bills, as a consequence of prices it submitted in the Balancing Mechanism during periods where 'transmission constraint' occurred.
Agency: Office of Gas and Electricity Markets
Source of Data: (click here)