Centrica signs deal to develop green energy - 22/03/2012
Energy supplier Centrica - the owner of British Gas - may help customers obtain cheap energy from renewable sources in the future, as it has confirmed its investment in new offshore wind farms.
The firm is partnering with Dong Energy to form a joint venture for the development of locations in the Irish Sea.
It is expected the schemes will add an extra 4.5GW of capacity to the two firms' renewable power assets, which currently stands at around 1GW.
Managing director of Centrica Energy Mark Hanafin said the deal is "a logical step" that will help exploit the full potential of the resources in the area.
Carsten Krogsgaard Thomsen, acting CEO of Dong Energy, added the proposals will further develop offshore wind as a viable, large-scale source of electricity and bring down costs for the industry, which may make it cheaper for consumers to obtain green energy.
Recently, prime minister David Cameron stated the UK is "well placed" to become a global leader in technologies such as offshore wind, due to its abundant naturals resources.
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