Offshore Energy
  • news
  • test
JobsNewsletter
Offshore Energy logo

© 2026 Navingo. All rights reserved.

Home›Business & Finance›Wind Energy Giants to Receive GBP 250 Million (UK)
Business & Finance

February 16, 2012 · about 14 years ago

Wind Energy Giants to Receive GBP 250 Million (UK)

Two wind energy giants receive up to GBP 250 million a year in subsidies, reports North West Evening Mail A Swedish company, Vattenfall, which owns six windfarms in Britain, including the Ormonde windfarm off Walney, will receive GBP 139 million. Dong Energy, a wind power company from Denmark, with

1 minutes read
  • LinkedIn
  • X
  • Email

Two wind energy giants receive up to GBP 250 million a year in subsidies, reports North West Evening Mail

A Swedish company, Vattenfall, which owns six windfarms in Britain, including the Ormonde windfarm off Walney, will receive GBP 139 million.

Dong Energy, a wind power company from Denmark, with four windfarms – two off Walney, will get GBP 110 million.

Some think that the government should slash the subsidies and use them to support local projects.

David Marcus, a councillor on Barrow Borough Council and Cumbria County Council said, “The subsidies are too high and I think the money should be used to support local communities. I’m not a great fan of windfarms…but I do think the subsidies should be used, in part, to support the local economy.”

[mappress]

Offshore WIND staff, February 16, 2012; Image: dongenergy

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Business & Finance

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1Jan De Nul makes its entrance into CCS market with North Sea pipeline project
  2. 2Floatel’s 2016-built semi-submersible vessel lines up Brazilian job
  3. 3PTTEP, Petronas’ 35-year gas deals bolster Thailand-Malaysia energy security axis
  4. 4Well-Safe and NMC Energy join forces for North Sea decommissioning push

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free