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‘Taxpayer should pay wind costs’
THE public sector should share the cost of developing wave and tidal power devices to attract more private sector investment into the industry, a group of MPs will today claim.
The Commons’ energy and climate change committee will call on the coalition government to reduce the risks involved for investors so that the UK can keep its lead in developing offshore devices.
Tim Yeo, the committee’s chairman, said: “In the 1980s, the UK squandered the lead it had in wind power development and now Denmark has a large share of the worldwide market in turbine manufacturing.
“It should be a priority for the coalition government to ensure the UK remains at the cutting edge of developments in this technology and does not allow our lead to slip.”
Angus Norman, chief executive of Ocean Power Technologies, which is testing its first device off the Scottish coast, said: “The UK needs to take further action to accelerate the commercialisation of marine energy.”
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Weather for Edinburgh
Friday 25 May 2012
Today
Sunny
Temperature: 10 C to 21 C
Wind Speed: 14 mph
Wind direction: North east
Tomorrow
Sunny
Temperature: 9 C to 20 C
Wind Speed: 15 mph
Wind direction: North east
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fred bloggs
Sunday, February 19, 2012 at 11:01 AMThe headline is at odds with the item which is about support for wave and tidal.
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