Co-op's deal with Thames Water highlights "green electricity" pitfalls

The Co-operative Bank has become the biggest corporate customer in the new "green electricity" market, buying power from the Renewable Energy Company for its office in the City of London. The power is supplied by one of Thames Water's new sewage sludge incinerators. But the deal highlights the concern that "green electricity" trading could be used merely to repackage existing renewable - and even fossil-fuelled - capacity.

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