UK Coal aims to construct 54 wind turbines on sites once used for coal mining. Photograph: Sandy Huffaker/AP
Over a dozen of the UK's former coalmining sites are to be redeveloped as wind farms under a revolutionary energy scheme to turn old energy into new.
UK Coal, once the main part of the National Coal Board, has unveiled a joint venture with Peel Energy that would see 14 old colliery locations used to erect 54 turbines generating around 133MW of electric power.
Shares in UK Coal raced forward 10% in early trading as the City welcomed the initiative.
"We believe there is significant opportunity to develop wind farms on parts of our land portfolio. By allying with Peel Energy, we are joining forces with one of the UK's most active and knowledgeable wind power companies," said John Lloyd, the chief executive of UK Coal. Continue...
No comments:
Post a Comment