UK windfarm red tape to cost billpayers ?1.5bn a year, say analysts

Analysis finds Treasury rules on new windfarms likely to stifle energy generation and keep bills highNew offshore windfarms will be strangled by government red tape, costing UK billpayers ?1.5bn a year, an analysis has found.The latest government auction for new offshore windfarms, due to be completed in September, could result in few projects making it through Treasury rules, according to the Energy and Climate Intelligence Unit (ECIU), a non-profit organisation. Continue reading...