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French and Irish wind farms could receive British funding… so long as they export power to the UK  

Credit:  By Daily Mail Reporter | 10 August 2014 | www.thisismoney.co.uk ~~

Wind farms in France and Ireland could receive UK Government subsidies under a new scheme so long as they export power to the UK.

Ministers want to offer taxpayer-funded payments to overseas projects to incentivise companies to build low-carbon technologies – such as wind, solar or nuclear – that would otherwise be economically unsustainable.

The plans, which are still in an early stage, could see millions paid out to foreign wind turbine owners.

Any renewable project is able to apply for the subsidy, though Government sources said it was likely to be targeted to attract wind farms based in the Irish Sea.

Source:  By Daily Mail Reporter | 10 August 2014 | www.thisismoney.co.uk

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments to query/wind-watch.org.

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