07 Nov '11, 2pm

Wind power sector slams "flawed" KPMG energy report: By Jessica Shankleman The renewable energy industry has sla...

The renewable energy industry has slammed the findings of a forthcoming report that suggests the UK could save £34bn by ditching plans for a massive expansion in wind power capacity. The preliminary findings of a report by KMPG, previewed in the Sunday Times yesterday, claimed Britain could meet its 2020 carbon reduction targets more cost effectively by building nuclear and gas-fired power stations instead of wind farms. FURTHER READING Ecotricity launches second £10m bond scheme NER300 sale to proceed, despite plunging carbon prices Mark Powell, the report's author, said focusing on gas-fired and nuclear power plants would cut the bill for cutting emissions by 34 per cent against 1990 levels, from £108bn to £74bn. However, the calculations were immediately slammed as inaccurate by trade association RenewableUK, while green groups are likely to argue that locking the UK in...

Full article: http://www.businessgreen.com/bg/news/2123108/wind-power-s...

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Wind power driving down electricity bills, says trade association #energy #renewable #wind

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