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SSE fined 拢2m after error at Fiddler's Ferry plant meant increased energy costs

Ofgem said the fine would send a 'strong message' to energy producers

Fiddler's Ferry power station on the banks of the River Mersey between Widnes and Warrington. (Image: stuartnicolphotography)

A power firm has been hit with a fine of over £2m for a mistake at a North West power station that was likely to have raised wholesale electricity costs.

SSE has been fined £2.06m by British energy regulator Ofgem for not adhering to industry regulations, .

Ofgem said the fine would send a "strong message" to energy producers warning them that they must share timely information with others on the market.

In February 2016, Scottish firm SSE said it was going to shut three out of four units at in Warrington, a coal-fired power plant with the capacity to provide 3% of Britain's peak electricity needs.

But a little over a week before the April 1 closing date, the electricity giant signed a deal with National Grid that would keep the site on Widnes Road, close to the border, online.

However, it was not until the day before the units had been meant to shut down that SSE told the market.

This meant that for four trading days, were unaware there was going to be a lot more electricity in the system the following week than they were expecting.

"Market participants were likely to have paid higher prices than they needed to, and risked undermining confidence in the wholesale electricity market," said Ofgem chief executive Jonathan Brearley.