Monday, October 02, 2006

New Money For Renewables In UK

Hello Friends,

BWEA, The British Wind Energy Association, has welcomed the announcement of a new initiative from the Carbon Trust to increase the pace of development of renewables in the UK, which has been backed by £10 million funding from Defra.

The Carbon Trust's ‘Partnership for Renewables’ (PfR) will partner with private sector organisations to develop and manage onsite renewable energy projects with local authorities, health trusts and other public sector bodies.

PfR plans to develop 500 MW of renewable projects, primarily 3-5 MW wind projects, over the next five years.Meanwhile, as part of demonstrating Government’s leadership on sustainable energy and driving forward the carbon market, Environment Secretary David Miliband has announced £10 million funding for the scheme, commenting that this investment has the potential to unlock up to half a billion pounds in private investment, producing electricity equivalent to the needs of a quarter of a million homes at zero cost to the environment.BWEA Chief Executive Maria McCaffery MBE added her welcome to the announcement, saying: “This will be welcome news to our members working in onshore wind who are leading the way in delivering the Government targets for renewable energy by 2010. There are many good examples of wind energy already developed on public sector land, at schools, hospitals and council buildings, and Partnerships for Renewables, aided by Defra’s support, will catalyse further development of this exciting new sector.”

BWEA is the UK’s largest renewable energy association, with over 300 company members. Formed 28 years ago, BWEA is at the forefront of the development of the UK wind industry, representing the sector to Government, business, media and the public. Wind energy will be the single greatest contributor to the Government’s renewable energy targets with onshore wind alone delivering nearly half of the 2010 target.Existing examples of public sector developments at schools, hospitals and local councils can be found at the BWEA site.

Its interesting to note that we have the EST, BWEA, NEF, REA (not to be confused with the REF) STA and other renewable industry organisations but there doesnt appear to be one unified industry body acting as a trade organisations that covers all the technologies ? If Im wrong, please by all means let me know as Im really interested to see if we have a consortium already or if theres a gap in the market? I too am learning new stuff all the time.

Thanks again for visiting my site - any comments please feel free to drop me a line.

From Your Friend The Energy Angel

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