Major energy suppliers granted wind farm development rights - 17/02/2009
Several major energy suppliers have been granted the rights to develop offshore wind farm projects around the coast of Britain.
The potential construction of nearly a dozen different wind farms comprising several hundred turbines between them could generate 6,000MW of electricity and help safeguard the UK's energy future.
Energy suppliers involved with wind farm developments include E.On, RWE nPower and ScottishPower, but industry experts have voiced concerns that the projects could still prove prohibitively expensive.
Chris Stubbs, a director at consultancy firm WSP Energy, told the Times: "It's great that people are interested in offshore wind but the truth is that there is every chance these projects will be put on hold unless the government is willing to intervene."
Industry experts have argued that energy suppliers may need stronger financial incentives to progress with wind farm development, especially given the current state of the economy.
Many energy suppliers have defended their recent profit margins by saying that they are expected to fund renewable energy projects around the UK.
If you want to find out more about your energy options and how you could save up to £378 in minutes, click here.
Save up to £300 on your gas & electricity bills at energyhelpline.com
Compare prices from all energy suppliers to find your best deal