Spending Review 'could lead to renewable energy investments'

21 Oct 2010
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Spending Review 'could lead to renewable energy investments'

Renewable energy developments in the north-east of England may have received a boost by the measures outlined yesterday (October 20th 2010) in the chancellor's Spending Review.

This is the opinion of the BBC's political editor for the north-east and Cumbria Richard Moss, who stated that the decision by the government to spend £200 million on factories to build wind turbines will be welcomed by renewable energy companies.

"Plans to build new turbines at ports on the Tyne and Tees could well get the funding they need," he said.

"Pilots on carbon capture and clean coal which could come to the region will also be protected."

One thriving industry in the north-east is the car manufacturing sector, with Japanese carmaker Nissan already producing its electric model the Leaf in Sunderland.

Earlier this week, energy specialist Dave Levitan, writing for the Guardian, predicted that in the future, electric cars could be used as storage facilities for excess renewable energy, which could then be fed back into the National Grid whenever it was required.

He said the vehicle-to-grid idea has been around for years. 

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