Financial Times FT.com

Offshore wind costs alarm Centrica

By Ed Crooks and Fiona Harvey

Published: November 14 2008 19:46 | Last updated: November 14 2008 19:46

The cost of offshore wind farms has continued to soar, Centrica said, leading the company to review the economics of its £4bn wind power investment programme.

The spiralling costs of offshore wind threaten to derail the government’s renewable energy plans, which rely heavily on offshore turbines because of the difficulty and delays in obtaining planning permission for onshore wind farms.

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