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WindAction | ScotWind: Scotland set to lose billions in windfarm profits

Seventeen ScotWind projects, with a combined potential generating capacity of 25GW, have been offered new rights to specific areas of the seabed for the development of offshore wind power. But a failure to create a state-owned energy company which could have sold the new ScotWind electricity to the grid and retained operating profits, has led to concerns that the nation will lose between £3.5 billion and £5.5 billion every year - about a tenth of the current Scottish budget.

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Gordon Brown think tank says Scotland has had 'too much politics'

Gordon Brown think tank says Scotland has had 'too much politics'
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ScotWind: Forbes threatens to axe failing wind power firms amidst criticism over 'hopeful' Scots gains

THE finance secretary has warned that major offshore windfarm developers could face financial penalties or lose their right to valuable leases in…

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