Octopus plots wind turbine building spree under Labour
The TelegraphMs Reeves used her first major speech as Chancellor to immediately scrap the “absurd” ban on new onshore wind projects in England as part of Labour’s drive to boost growth. This means reversing rules introduced in 2015 by David Cameron’s government, which made it a requirement that onshore wind projects could only be built with full support from local communities. Ms Reeves also said the Government will consult on bringing onshore wind back into the Nationally Significant Infrastructure Projects regime, which means that decisions on large developments will be taken at a national level, rather than by local authorities. Jess Ralston, head of energy at the Energy & Climate Intelligence Unit, a think tank, said: “Onshore wind is the cheapest way to generate electricity in the UK, so it brings down bills for everyone.” Onshore wind farms can also be built particularly quickly compared to other forms of renewable energy projects, Ms Ralston said.
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Octopus Energy to invest £15.5bn in offshore wind projects by 2030
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