Poor governance at root of renewable energy overspend

An internal review of cost overruns under the levy control framework has identified key shortcomings in governance, market monitoring and scenario planning for renewable energy

The LCF needs to be informed by more robust monitoring of markets, technological enhancements and adopt a more strategic approach to renewable energy goals. Photograph: Bleakstar/123RFA combination of poor governance, lack of transparency and a tendency to “group think” was at the heart of DECC’s controversial failure to correctly forecast pressure on the levy control framework (LCF) and prevent overspend. 

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