In an open letter to UK energy secretary Ed Davey, the chairman of the Committee on Climate Change Lord Deben has called for caution on shrinking subsidies for offshore wind power projects, warning "required investment" would decline. Investors into new renewable as well as gas-fired capacity are sitting on their hands amid a persistent lack of clarity on the Electricity Market Reform Delivery Plan.
|Full content is available only to subscribers
please log in below or subscribe now
Or request to register for a free 14 day trial here