08:27 Thursday 6th June 2013
Bigger Breakfast Show
BBC Radio Cambridgeshire
PAUL STAINTON: Now let’s return to our main story this morning, Peterborough City Council’s plans to build a green energy park using both solar and wind turbines. But the whole project could be thrown into disarray this morning after the Government announced it wants to give local residents more power to block onshore wind farms. The new guidelines say that national targets for green energy shouldn’t automatically override the views of local communities. If these guidelines are approved, it could be disastrous for Peterborough City Council, because it’s budgeting on the wind farm aspect of the energy park making nearly four times as much profit as the solar panel part. So without wind, the project will only make around £30 million, and not the £140 million that the Council are banking on. By that take then, they’d have to invest £400 million to get back £30 million, if they don’t get the wind turbines. That’s what we’re saying here.Well here to tell us more about the new guidelines is our business guru Yuan Potts. Morning Yuan.
YUAN POTTS: Good morning Paul.
PAUL STAINTON: This is going to certainly throw Peterborough City Council’s plans a bit of a spanner, isn’t it? Continue reading “Peterborough Council Energy Scheme Bowled A Bouncer”