Pages

Monday, February 14, 2011

We Still Don’t Know When Wind Power Will Break Even, Admits Energy Minister


Ministers still do not know when wind power will pay for itself, the Government admitted tonight.

Energy Minister Charles Hendry told MPs governments had spent £2.2 billion supporting wind power over eight years - and it was impossible to predict when the energy source would prove profitable without grants.

He said: 'We expect that over time we will be able to reduce support for wind power and other renewable energy technologies as they become more economic, but it is not possible to put a specific timescale on this.'

Read more...

No comments:

Post a Comment

Thanks for your comment it is much appreciated.