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Shell pulls out of its last UK wind farm project

Royal Dutch Shell completed its withdrawal from the UK wind-energy sector after quietly selling out of the last project it had in this country. ...Shell said: “Our focus for new projects is North America. We are committed to wind projects that make economic sense

Royal Dutch Shell completed its withdrawal from the UK wind-energy sector after quietly selling out of the last project it had in this country.

The oil giant recently agreed to sell its stake in the 800m Cirrus Shell Flat Array, a 270MW project off the Blackpool coast, to partners Scottish Power and Dong Energy.

Its exit, three months after it walked away from the world's largest proposed offshore wind farm, the London Array, will raise questions about the government's ambitious wind-energy targets.

The decision will also anger environmentalists already critical of Shell's push into dirty-fuel sources such as Canada's tar sands.

Shell said: “Our focus for new projects is North America. We are committed to wind projects that make economic sense.”

Royal Dutch Shell completed its withdrawal from the UK wind-energy sector after quietly selling out of the last project it had in this country.

The oil giant recently agreed to sell its stake in the £800m Cirrus Shell Flat Array, a 270MW project off the Blackpool coast, to partners Scottish Power and Dong Energy.

Its exit, three months after it walked away from the world's largest proposed offshore wind farm, the London Array, will raise questions about the government's ambitious wind-energy targets.

The decision will also anger environmentalists already critical of Shell's push into dirty-fuel sources such as Canada's tar sands.

Shell said: “Our focus for new projects is North America. We are committed to wind projects that make economic sense.”

 


Source: http://business.timesonline...

OCT 19 2008
http://www.windaction.org/posts/17543-shell-pulls-out-of-its-last-uk-wind-farm-project
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