An interesting report on Europe's wind power industry from Business Week.
It seems that the booming wind power industry has already inspired a series of takeovers and acquisitions, as global businesses rush to be able to state that they have renewables as a substantial part of their portfolio.
And of course, there are some interesting financial incentives too .....
"While investment in wind farms helps cut the carbon footprint of European energy companies, there are also significant financial incentives for going green. Under EU and domestic rules, utilities can charge higher rates for renewable electricity, either through government-mandated prices for end customers or so-called renewables obligations, which reward companies for building carbon-friendly power plants."
Let's just hope that the big boys involved don't take their eyes off the enviROI of each new project, and ensure that it is a) in the right location b) actually worth doing and c) not simply a cash making exercise.
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