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United Kingdom: MPs say wind farm contracts are 'shocking'
2013-01-13 22:17:00| Climate Ark Climate Change & Global Warming Newsfeed
Independent: Families could face higher electricity bills as a result of "shocking" blunders in awarding new contracts for offshore wind farms, a group of MPs has warned. Private Finance Initiative (PFI) deals worth 17bn, agreed with companies for transmitting wind power to the mainland, showed that the Government had failed to learn from earlier poor PFI contracts and the costs would eventually be passed on to consumers, the Public Accounts Committee said. A report published today looks at the "elaborate"...
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Category:Electronics and Electrical