New wind farm 'could cut cost of renewables by £45bn' - 08/06/2012
A new offshore wind farm proposed for the coast of Aberdeenshire could significantly cut the cost of developing renewables in the UK, which may help deliver cheap electricity to homeowners.
Jason Ormiston, head of public and regulatory affairs at developer Vattenfall, said such schemes "could see gross value added to the UK economy of £7 billion and a cumulative cost-reduction impact of £45 billion for the whole offshore wind sector in UK waters by 2050", the Press Association reports.
He told Holyrood's Economy, Energy and Tourism Committee the 11-turbine site off Aberdeen Bay and others like it are vital to meet renewable energy targets in the UK.
But the site is not without its critics, with one high-profile objection coming from American billionaire Donald Trump, who is building a luxury golf resort in the area.
He told the committee last month the country's "pristine landscape" will be destroyed and tourism in the nation with be drastically affected if more wind farm developments are allowed to go ahead.
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