Leading Scottish renewable energy expert UrbanWind has sealed three orders for turbines worth more than £1million in the last few weeks as ‘energy independence’ becomes a key priority for more organisations and landowners.
The company says there has been a significant surge of interest in its small and medium-sized turbines, as potential individual and corporate customers look at ways to control their energy costs. And it believes the coalition government’s nuclear deal – which will see it guarantee to pay twice the level of today’s wholesale energy price to the French firm behind the new Hinkley Point reactor – will point even more companies towards renewable alternatives. UK energy customers are set to pay for the deal sealed in order to get the country’s first nuclear power station in a generation built.
Phil McVan, managing director of UrbanWind, has 30 years’ experience in the sector. He said: “We are seeing a surge of customers and potential clients looking to become independent of the burden of ever-increasing power bills. It really has become a hot topic.
“In the past fortnight we have sealed deals to erect wind turbines in Cumbria, Scotland and the Midlands. Clients like the idea of taking control of their energy needs and of the possibility of extra revenue streams that renewable energy brings them. We are also in advanced talks with a number of major utility companies, who are looking at how to harness renewable energy, not only to cut their bills, but also to fulfil their carbon reduction and corporate social responsibility targets.”
He added: “We believe the latest announcement on the nuclear policy being adopted by the coalition will prove to be the tipping point for a number of commercial organisations and individual landowners looking to renewable energy to give them price stability and a strong return on investment.”