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United Kingdom: Will connecting offshore wind to the grid really cost 17bn?

2013-01-15 12:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: A release from the reputable House of Commons Public Accounts Committee reported in almost every newspaper this week claimed it was 17bn. That, the Telegraph calculated, adds up to 35 a year on household bills who are helping to pay for a 10-11% return on investment for those lucky enough to own an offshore wind power line. Is it true? 1) It's not 35 - it's about 9.80 per household It's not hard to work out how the Telegraph got to it's 35 figure. Take 17bn, divide it by the number of...

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