Monday, 1 November 2010

South of England wind farm faces default on its bank loans

One south of England wind farm faces default on its bank loans because wind speeds have been as low as ever recorded and electricity output has therefore been much less than expected. Statistical analysis suggests that electricity output this low should only be achieved once every several hundred years. Another wind farm in southern England reports similar results, with electricity delivery this year so limited that it would only be expected once a century. 2009’s figures were almost as bad.
Chris Goodall

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