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A subsidy ban for new onshore wind farms could add £1bn onto UK energy bills

Independent 25th Oct 2017. A subsidy ban for new onshore wind farms could add £1bn onto energy bills
over five years by eschewing one of the cheapest forms of clean energy.
Generating power from new onshore wind farms would be £100m a year cheaper
than doing so from new nuclear reactors or biomass plants, and at least
£30m cheaper than under the latest offshore wind-power contracts,
according to research by the Energy & Climate Intelligence Unit, a
London-based non-profit group.

Savings would reach £1bn over five years if
1 gigawatt of capacity was installed in the first year and another 500
megawatts in following years, said ECIU, which urged Theresa May’s
Conservative government to allow wind farms to compete for contracts in the
next power auction, due to be held in 2019.
http://www.independent.co.uk/news/business/news/onshore-wind-farms-uk-subsidy-ban-energy-bills-rise-1-billion-a8018561.html

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October 27, 2017 - Posted by | business and costs, renewable, UK

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