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Brexit: Siemens Freezes New Wind Power Projects

“To put it another way, people who are one or two paycheques away from homelessness have no time for politicians who promise to make their energy bills skyrocket, if someone makes the effort to offer them an alternative.”

Watts Up With That?

wind-turbine[1]

Guest essay by Eric Worrall

h/t mwhite – Siemens has frozen new British wind power projects, until the post Brexit relationship with the European Union is negotiated.

Siemens freezes new UK wind power investment following Brexit vote

German energy firm will not make fresh plans until the UK’s European relationship becomes clearer, but existing manufacturing will not be affected

Siemens is putting new wind power investment plans in the UK on hold due to uncertainty caused by last week’s Brexit vote, the Germany energy company has told the Guardian.

A £310m manufacturing hub in Hull that employs 1,000 people will not be affected by the decision, and should still begin producing blades and assembling turbines next year.

But Siemens, one of the few firms to openly back a Remain vote, will not be making new investments until the future of the UK’s relationship with Europe becomes clearer.

Juergen Maier, the…

View original post 383 more words

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