nuclear-news

The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Favourable report for Scotland’s renewable energy

Report backs Scottish renewables under independence, BBC News 6 Nov 11
A new bank report has backed Scotland’s renewable energy policies, just days after a major finance company warned businesses against investing in the renewables sector in Scotland. Citigroup had said the independence referendum process would create huge uncertainty when major decisions on green projects were needed.

But investment bank Altium Securities dismissed the warning. Energy Minister Fergus Ewing welcomed the Altium report….. In its report, Altium Securities said it “did not share recent competitor analysis that utilities developing renewable energy assets were exposed to stranded asset risk from an independent Scotland”.

It also argued Scotland had the potential to be the lowest-cost generator of wind energy in Europe due its “unique wind characteristics”….. http://www.bbc.co.uk/news/uk-scotland-scotland-politics-15608107

November 7, 2011 - Posted by | renewable, UK

No comments yet.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

« Previous | Next »