The Next Energy Profit Bubble
This short piece appeared in the Financial Times News Digest on 07 April 2008
Carbon trading to profit generators
By Fiona Harvey
Published: April 7 2008 03:00 | Last updated: April 7 2008 03:00
Wind Energy Price Increases
Daily Telegraph Mar 7 2008
Energy users face wind farm bill
By Jonathan Russell
Gas and electricity consumers could face further rises in bills to pay
for the renovation and renewal of the infrastructure, energy regulator
Ofgem said.
Ofgem chief executive Alistair Buchanan said: " Over the next 12
years, the Government has said that it wants to increase energy
consumption from wind power from 2.5 gigabytes to 30 gigabytes.
"Most of these wind farms will be built in inaccessible places.
" We will need to develop the network to connect to these places."
About 25pc of energy bills go towards paying for the cost of networks.
Mr Buchanan said: "We want to ensure that, if prices go up on the 25pc
of the energy bill that we regulate, customers do not feel they are
being ripped off."
