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Latest Finance News related to Wind Farm

Renewables provide more than half UK electricity for first time image
....". On Tuesday, a tenth of the UK's power was coming from offshore wind farms - a newcomer on the energy scene whose costs have plummeted far faster than expected. ...
Government support needed to unlock billions in green business, says industry image
....” Environmental businesses in the UK have been hit in recent years by swings in government policy that have led to job losses and uncertainty among potential investors. These swings include the scrapping of subsidies and harder planning requirements for onshore wind farms; the slashing of support for solar panels and restrictions on solar farms; the abandonment of the “green deal”, which was intended to boost home insulation; the removal of the promised £1bn funding for carbon capture and storage facilities; and the scrapping of the target to make new homes zero-carbon. ...
Solar power breaks UK records thanks to sunny weather image
Source : Guardian [Read Article] Friday 26th of May 2017 03:09:00 PM
....48GW earlier this month. Experts said the unprecedented share for solar energy meant about 60% of the UK’s power was low carbon, taking into account Britain’s wind farms and nuclear power stations too. ...
Scottish Power lands US wind farm deal image
Source : BBC [Read Article] Sunday 21st of May 2017 04:38:25 PM
. Scottish Power has won the right to build two offshore wind farms in the US which it says could eventually power 400,000 homes. ...
Ikea’s solution to peak stuff? Invest in plastics recycling plant image
. Ikea has bought forest in Romania and the Baltics, wind farms in Poland and now it is investing in a plastic recycling plant in the Netherlands. ...
Hull after Brexit – will the City of Culture regret voting out? image
Source : Guardian [Read Article] Sunday 2nd of April 2017 02:30:03 PM
.... For all its efforts, it is Britain’s third most deprived local authority, with one large ward, Orchard Park and Greenwood, suffering some of the country’s deepest poverty. So the decision by the German manufacturer Siemens in November 2014 to establish Hull as the home of its factory to make blades for Britain’s vast new North Sea wind farms delivered the city’s most far-reaching economic boost for decades. ...
China to invest £292bn into renewable fuel by 2020 image
Source : Guardian [Read Article] Thursday 5th of January 2017 08:27:57 AM
....“The government may exceed these targets because there are more investment opportunities in the sector as costs go down,” said Steven Han, renewable analyst with securities firm Shenyin Wanguo. About 700bn yuan will go towards wind farms and 500bn to hydro power, with tidal and geothermal getting the rest, the NDRC said. ...
Giving business control to sons doesn't end Trump's conflicts, ethics office says image
.... The Philippines government announced it was appointing his business partner in Manila as its next ambassador to Washington. And he used a meeting with a delegation of Brexit supporters, including Nigel Farage, to urge them to oppose wind farms that he felt would spoil the view from one of his Scottish golf courses. ...
Diesel farms make fresh bids to supply National Grid back-up power image
Source : Guardian [Read Article] Tuesday 6th of December 2016 08:25:42 AM
....The owner of Britain’s energy network is gearing up to buy more power from suppliers to ensure the country’s lights stay on, with polluting diesel generators among the providers vying for contracts. The National Grid needs back-up electricity sources that kick in when, for instance, demand is high but the weather is not breezy enough to power wind farms. ...
Potential conflicts image
Source : BBC [Read Article] Thursday 1st of December 2016 12:50:18 AM
....UK golf courses. Mr Trump owns two golf courses in Scotland and has recently asked Nigel Farage to oppose wind farms, not because he believed they were bad for the UK or contradicted US energy goals, but because a wind project would potentially lower the value of one of his golf courses. ...
Potential clash image
Source : BBC [Read Article] Thursday 24th of November 2016 01:10:13 AM
.... . He also allegedly asked Ukip's Nigel Farage, to oppose building wind farms near his golf course in Scotland, because Mr Trump believes it will lower the course's prestige. ...
Thirsty business image
Source : BBC [Read Article] Wednesday 28th of September 2016 11:09:19 PM
.... . Amazon also owns three wind farms and one solar farm in the US, which it claims generates enough electricity to power 150,000 homes. ...
Hinkley Point C nuclear plant not essential - think tank image
Source : BBC [Read Article] Thursday 25th of August 2016 11:01:59 PM
.... . The think tank's alternative proposals include building more wind farms and gas-fired power stations than are currently planned and laying more cables connecting the UK grid with other countries. ...
Yorkshire offshore wind farm gets government approval image
Source : BBC [Read Article] Tuesday 16th of August 2016 02:48:50 PM
. The second stage of the "world's biggest offshore wind farm" has been given the go-ahead by the government. ...

Bribe or no bribe, I'd rather live next to a fracking site than a building site 
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....It seems reasonable that locals should be directly paid compensation for any disruption they suffer, rather than letting councils to use the cash. But it would make much more sense to compensate people for living in the vicinity of wind farms or years-long construction projects than for being next to a shale wellhead. ...
Vattenfall to invest £300m in Aberdeen offshore wind farm image
Source : BBC [Read Article] Thursday 21st of July 2016 10:21:17 AM
. Swedish energy firm Vattenfall has confirmed that it will press ahead with a £300m 11-turbine wind farm off the coast of Aberdeen. ...

Offshore wind farms in doubt after RSPB gets planning consent quashed
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Source : Telegraph [Read Article] Tuesday 19th of July 2016 06:07:51 PM
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Crown Estate makes record £304m Treasury payout image
Source : BBC [Read Article] Tuesday 28th of June 2016 08:29:00 AM
....The estate brought in £22. 9m over the year from leasing the country's seabed to offshore wind farms, a rise of nearly 20%. ...
More than half of jobs in UK solar industry lost in wake of subsidy cuts image
....Amber Rudd, the energy and climate change secretary, has promised to close all coal-fired power stations by 2025 as part of a plan to reduce carbon emissions and tackle global warming. Scottish Power, the owner of Longannet, once owned half a dozen coal-fired power stations but is now dependent on gas and wind farms for generating electricity. ...
Fracking wins battle in Yorkshire but not the war | Damian Carrington image
.... The decision was taken by elected local representatives, not pulled in to Westminster to be ruled on by ministers, as is likely in the case of Cuadrilla’s application to frack in Lancashire. Ministers have emphasised the role of local decision making when it comes to blocking wind farms - overruling such decisions when it comes to fracking is politically toxic. ...
Green really is the new black as Big Oil gets a taste for renewables image
Source : Guardian [Read Article] Saturday 21st of May 2016 03:00:16 PM
. The world’s largest oil companies have in recent weeks announced a series of “green” investments – in wind farms, electric battery storage systems and carbon capture and storage (CCS). ...
Energy schemes to add £100 to UK household bills within five years image
Source : Guardian [Read Article] Thursday 19th of May 2016 11:01:24 PM
.... Last autumn, energy regulator Ofgem said the average dual fuel domestic bill was £1,345. While Labour MPs have generally supported the green subsidies needed to support the development of solar and wind farms, the capacity market has been heavily criticised. ...
SSE profits reignite row over energy prices image
Source : Guardian [Read Article] Wednesday 18th of May 2016 07:15:52 AM
....Although it had been a challenging year, said Phillips-Davies, “some of the mist is beginning to clear around the legislative, political and regulatory environment and SSE will continue to invest for the future”. The company said it would spend up to £6bn over the next four years on upgrading the UK’s electricity and gas infrastructure, with some of the cash going on new transmission lines and some on wind farms. ...
Solar has a bright future in the UK despite Tory efforts to cloud the picture image
....The truth is that Britain is not a free market economy. It remains a corporatist economy run by big firms that love big solutions such as offshore wind farms (no SMEs there) or nuclear power stations. ...
World's largest coal producer files for bankruptcy protection image
Source : Guardian [Read Article] Wednesday 13th of April 2016 12:40:05 PM
....The move was blamed by financial analysts partly on a mistimed and debt-fuelled expansion into Australia, but others saw it as a sign that the most carbon-intensive fossil fuel was threatened by tightening environmental regulation. Coal is increasingly being replaced as a fuel for generating electricity by gas-fired plants or wind farms in some countries. ...
How did Donald Trump make his fortune? image
Source : BBC [Read Article] Tuesday 12th of April 2016 11:01:19 PM
.... . He says he loves Scotland - where his mother was born and where he owns several golf courses - but criticised the Scottish government and UK courts for allowing a wind farm to be build within view of his Balmedie golf course in Aberdeenshire. ...
Can you power a business on 100% renewable energy? Ikea wants to try image
Source : Guardian [Read Article] Friday 8th of April 2016 04:08:24 PM
....”. The next step down the path to renewable energy is for a company to bypass energy producers and utilities by arranging to buy power directly from wind farms and solar arrays, or even partner with producers to build such projects. ...
Longannet power station closes ending coal power use in Scotland image
Source : Guardian [Read Article] Thursday 24th of March 2016 12:01:04 AM
.... Locally-mined coal was key to Clydeside shipbuilding and steelmaking north of the border in the last century. Scottish Power, one of the big six energy suppliers and now owned by Iberdrola, once had half a dozen coal-fired power stations but is now dependent on gas and wind farms for generating electricity. ...
City news: Fever-Tree tonic water, Goals Soccer centres, Co-op and SSE image
Source : Daily Express [Read Article] Tuesday 15th of March 2016 12:01:00 AM
....ENERGY giant SSE has agreed to sell a 49. 9 per cent stake in its flagship Clyde wind farm for £355million. ...
SSE sells 49.9% stake in flagship South Lanarkshire wind farm image
Source : Guardian [Read Article] Monday 14th of March 2016 07:29:30 PM
....Utility company SSE is selling a 49. 9% stake in a flagship wind farm in South Lanarkshire for £355m. ...
E.ON blames losses on power price slump and German renewable push image
Source : Guardian [Read Article] Wednesday 9th of March 2016 01:52:49 PM
....E. ON has been gradually shutting down some of its UK coal or gas-fired power plants but opening wind farms as well as continuing to supply 5 million gas and electricity customers. ...
Is the wind industry still a safe bet for investors? image
Source : Guardian [Read Article] Wednesday 9th of March 2016 12:38:18 PM
....“The [offshore] industry is probably at a tipping point … it has matured a lot in the past two to three years and we are starting to see the cost declines necessary to ensure the long-term viability of the sector … but it is still very much a European world,” says Hostert. It is probably as safe to invest in a wind farm in the US as it is to invest in a road. ...
Energy policy U-turns 'may cost households £120 a year' image
Source : Guardian [Read Article] Thursday 3rd of March 2016 12:01:48 AM
....The report, Investor Confidence in the UK Energy Sector, contains statements from companies including wind turbine maker, Siemens, complaining about “apparently contradictory messages” from ministers. These include giving local people a say over onshore wind farm planning while excluding them from shale gas projects and claiming to favour low-cost decarbonisation while halting relatively cheap onshore wind farms. ...
Tasmanian power crisis reveals urgent need for more renewable energy image
Source : Guardian [Read Article] Wednesday 2nd of March 2016 11:04:03 PM
....The state currently features roughly 310MW of wind capacity, well short of the average demand of around 1000MW. Harrington says adding more wind farms into the mix would perfectly complement the existing hydro capacity. ...
Can Obama bring power to Africa? image
Source : BBC [Read Article] Tuesday 1st of March 2016 12:49:13 PM
.... . In some cases, it is directly funding generation projects, such as the 152 MW Sarreole wind farm in Senegal. ...
VIDEO: The power station inside a mountain image
Source : BBC [Read Article] Monday 29th of February 2016 04:09:30 PM
....Scottish Power is planning to double the size of its hydro-electric power plant which creates and stores energy. Cruachan power station pumps water 400 metres uphill at night, when energy from wind farms is cheap, and stores it in a mountain-top reservoir. ...
Scottish push for 'pumped hydro' power image
Source : BBC [Read Article] Monday 29th of February 2016 12:02:59 AM
....In return, Scottish Power says it will accept a cap on profits. The Cruachan plant near Oban in Scotland pumps water 400m uphill at night when energy prices from wind farms are cheap. ...
UK energy supply forecasts 'into the red' for first time next winter image
Source : Telegraph [Read Article] Friday 26th of February 2016 06:56:46 PM
.... . The forecasts also assume that UK wind farms will be generating more than 3GW of power, despite the fact they could produce almost nothing on a still day. ...
Fast-growing firms are helping Britain shine on the world stage image
Source : Telegraph [Read Article] Monday 22nd of February 2016 06:27:58 PM
.... . The oil price slump has hit many players in the industry hard but ROVOP, which works across the whole energy sector, including wind farms and power cables, has grown turnover from £15m to £17m year on year. ...
Drones to inspect wind turbines as Strat Aero lands key contract  image
Source : Telegraph [Read Article] Friday 19th of February 2016 02:03:09 PM
.... A drone's-eye view of a wind turbine. While the deal is only small scale and valued at just $26,000, there are a further 259 turbines on Westar’s site and the company operates other wind farms. ...
Centrica urges policy overhaul as it warns of 'looming gap' in UK energy supplies image
.... . More capacity needed to be secured further in advance, especially as the scheme assumed Britain’s wind farms would produce 15pc of their capacity. ...
Questor share tip: Steel woes and coal power blackout lead to profits collapse at largest UK coal miner image
.... . The act underpins all of the Government?s polices on reducing carbon dioxide emissions, from support for wind farms to higher road taxes for more polluting cars  Photo: ALAMY. ...
Have we reached the tipping point for investing in renewable energy? image
Source : Guardian [Read Article] Saturday 13th of February 2016 03:00:07 PM
World's largest offshore windfarm to be built off Yorkshire coast image
Source : Guardian [Read Article] Wednesday 3rd of February 2016 12:53:54 PM
.... Dong is planning to have them built at a factory in Hull owned by Siemens, the German industrial giant, but it is uncertain whether all of them will come from there. The green light for the Hornsea wind farm is also a boost to three other mooted offshore wind farms that are in the offing: Neart na Gaoithe and Beatrice One in Scotland, and East Anglia One. ...
Share to protect bank's 'green' remit image
Source : BBC [Read Article] Tuesday 2nd of February 2016 09:04:10 PM
....2bn into projects with a total value of £10bn. These include waste plants, anaerobic digestion, wind farms, street lighting, heat pump installation, district heating projects, energy efficiency re-fits of hospitals and biomass boilers in whisky distilleries. ...
Labour’s economic rock stars will expose the Tories as a one-hit wonder | Anne Perkins image
....She argues that we need a way of recognising and talking about this unacknowledged role of the public sector, and points at the way Germany has tackled greening the economy. It’s not just building wind farms, it’s investing massively in research and technological development too. ...
Windfarms paid double the market price to cut power image
Source : Telegraph [Read Article] Tuesday 26th of January 2016 02:07:15 PM
.... . The payouts stand well above the current market rate of around £45/MWh to compensate wind farms for the subsidies they might otherwise have earned. ...
Debt headache for plans to privatise Green Investment Bank image
Source : Telegraph [Read Article] Saturday 23rd of January 2016 06:00:51 PM
.... . Meanwhile, bankers and civil servants working on the sale are confident there will be demand, despite concerns earlier in the process as the Government announced cuts to green subsidies and tougher hurdles for onshore wind farms, complicating the bank’s task of backing green projects. ...
Britain abandons onshore wind just as new technology makes it cheap image
Source : Telegraph [Read Article] Sunday 10th of January 2016 04:42:52 PM
.... Amber Rudd, Secretary of Energy and Climate Change, drastically revised policy last year, announcing that support for onshore wind would be cut from April 2016. She said 250 wind farms in the planning phase were unlikely to be built as a result but insisted that Britain was “reaching the limits of what is affordable, and what the public is prepared to accept”. ...
Britain to share more electricity with France and Ireland under new City scheme image
.... “These are two-way flows that give much better energy security, and it’s typically much cheaper power than UK wind,” he said. “It would use a connection that was planned for an Isle of Wight wind farm that was scuppered on planning grounds. ...
International Energy Agency sees 'peak coal' as demand for fossil fuel crumbles in China image
.... It has installed 284 GW of hydro power over the past five years, mostly in the mountains of Sichuan and Yunnan. Solar and wind farms pepper the plains of North China. ...
Donald Trump loses battle to 'protect' Scottish golf course from wind farm image
Source : Telegraph [Read Article] Wednesday 16th of December 2015 11:02:56 AM
. US billionaire Donald Trump has suffered a blow after the UK’s highest court rejected his bid to stop a wind farm being built near his luxury Scottish golf resort. ...
Trump loses wind farm legal challenge image
Source : BBC [Read Article] Wednesday 16th of December 2015 10:31:18 AM
. Donald Trump's legal challenge to a planned offshore wind farm has been rejected by the UK's Supreme Court. ...
Myefo: bulk-billing rules 'Tony Abbott's GP co-payment in disguise', says AMA image
....“I’d go after the multinationals first. This is a government who will have a wind farm commissioner, but chase down payments going to people requiring Medicare support for our diagnostic images and pathology for the treatment of cancer. ...
Allianz to end its investment in coal image
Source : Telegraph [Read Article] Tuesday 24th of November 2015 11:06:25 AM
.... In the UK, the government last week announced plans to close all coal-fired power stations by 2025 as part of a shift away from “the dirtiest fossil fuel”, which last year generated 29pc of the country’s electricity. Meanwhile, new gas stations will be encouraged and subsidies for onshore wind farms have been cut. ...
Babcock shares surge as order book hits record high image
Source : Telegraph [Read Article] Tuesday 24th of November 2015 10:57:48 AM
.... . Work won during the six months included a £120m deal to service Canadian submarine HMCS Corner Brook, building an offshore substation for the Rampion wind farm; providing spares for the Royal Navy and engineering support for its air stations; and providing training services for BMW and Network Rail. ...
Meat should be taxed to help save the planet, think-tank suggests image
Source : Telegraph [Read Article] Monday 23rd of November 2015 11:59:34 PM
.... . • Hate wind farms? Eat chicken not beef . ...
Wind and solar farms must pay their true costs, energy secretary Amber Rudd vows image
Source : Telegraph [Read Article] Wednesday 18th of November 2015 08:42:40 PM
.... . In a long-awaited policy "reset" speech, Ms Rudd also unveiled plans to offer billions of pounds of new subsidies for offshore wind farms, potentially doubling the UK’s offshore wind capacity with a further 10 gigawatts in the 2020s, on top of 10GW expected by 2020. ...
Rain, wind and colder weather boost SSE profits by 48pc image
Source : Telegraph [Read Article] Wednesday 11th of November 2015 02:56:17 PM
.... . SSE said "exceptionally high" rainfall in north and west Scotland, and a return to normal wind speeds after the calm summer last year, had resulted in its hydro-electric dams and wind farms producing 38pc more power than the same period of 2014. ...
National Grid readies sale of stake in gas distribution business image
Source : Telegraph [Read Article] Tuesday 10th of November 2015 07:38:43 AM
.... . Last week National Grid was forced to employ "last resort" measures to keep the lights on after coal power plants broke down and wind farms produced less than 1pc of required electricity. ...
National Grid uses 'last resort' measures to keep UK lights on image
Source : Telegraph [Read Article] Wednesday 4th of November 2015 02:17:05 PM
. Britain was forced to rely on new "last resort" measures to keep the lights on for the first time on Wednesday after coal power plants broke down and wind farms produced less than one per cent of required electricity. ...
Forties at 40 image
Source : BBC [Read Article] Wednesday 4th of November 2015 06:58:53 AM
.... Its owner has called in administrators. Much of the hope for the next wave of steel fabrication was in offshore wind farms, yet this week has seen approval for the first British floating wind farm. ...
Lord Adonis must be bold with plans for infrastructure commission image
Source : Telegraph [Read Article] Saturday 31st of October 2015 03:00:27 PM
.... She indicated a number of ways how this might be achieved. It might be a community-owned wind farm, a solar plant on top of a leisure centre, or a local council selling gas and electricity to its residents. ...
Dong Energy to build world's biggest wind farm off UK coast image
Source : Telegraph [Read Article] Wednesday 28th of October 2015 05:12:18 PM
. Danish utility Dong Energy is to build a 660-megawatt wind farm in the Irish Sea. ...
Steel industry rages against dying of the light image
Source : Telegraph [Read Article] Saturday 24th of October 2015 06:34:00 PM
.... “This is still the best plate steel mill in the UK – we sustained the North Sea oil industry with millions of tons, before that shipbuilding. We were trying to get into wind farms. ...
It'll take more than a tickle to push bank customers into switching image
Source : Guardian [Read Article] Thursday 22nd of October 2015 06:39:01 PM
....Farewell, Infinis Energy, we hardly knew you. Guy Hands brought the operator of onshore wind farms to the stock market in 2003 at 260p a share, retaining a 68% stake for his Terra Firma private equity outfit. ...
Infinis Energy taken private by Guy Hands' Terra Firma after share price slump image
.... . Infinis is one of the UK’s largest renewable generators, with 121 landfill gas sites and 16 onshore wind farms. ...
The White House climate commitments are another set of incoherent goals image
Source : Guardian [Read Article] Tuesday 20th of October 2015 12:12:43 PM
....Each set of announcements sends press releases flying. Some folks get creative: P&G and utility company EDF installed a “mini wind farm” made of thousands of spinning pinwheels on the lawn in front of the US Capitol, to celebrate a Texas wind farm that will supply energy to P&G. ...
Google buys stake in Africa's biggest wind farm image
Source : Telegraph [Read Article] Tuesday 20th of October 2015 12:00:30 PM
.... Google is buying a 12. 5 per cent stake in Africa’s largest wind farm, one of the company’s largest investments in renewable energy. ...
Ecotricity offers latest 6pc mini-bond to raise £25m for onshore wind farms image
.... . Despite a backdrop of falling Government subsidies to fund green projects, Ecotricity said its wind farms would be unaffected by a recent decision to scrap new payouts for onshore wind farms, because the cuts will fall from April 1 on new sites. ...
Blow to UK energy plans as new gas plant in doubt image
Source : Telegraph [Read Article] Sunday 11th of October 2015 08:00:19 PM
...." . Subsidised wind farms have skewed the wholesale market - but recent changes to these subsidies have also worried investors, Carlton Power said  Photo: Emily Gosden. ...
Carbon capture project under threat as Drax pulls out image
Source : Guardian [Read Article] Friday 25th of September 2015 01:24:28 PM
....and. Nuclear power station delayed, new onshore wind farms blocked, solar support slashed by 90% & now govt's CCS strategy unravelling too. ...
CBI chief lambasts government approach to green economy image
Source : Guardian [Read Article] Tuesday 22nd of September 2015 04:30:10 AM
....”. Since coming to power, the Conservatives have aimed a series of blows at the green economy, including: slashing support for solar power; effectively ending the building of new onshore wind farms; scrapping the flagship “green deal” insulation scheme, with no replacement; and part-privatising the Green Investment Bank. ...

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