Wind farms could benefit Welsh economy

wind farm

The Welsh economy could greatly benefit from onshore wind farms in years to come, according to a study reported by Regeneris Consulting and Cardiff Business School. An average of 2,000 jobs a year could be created until 2050 and more than $3.1 billion could be generated for the Welsh economy if full advantage of the country's wind energy potential is taken.

Researchers based their findings off of how much much money spent on the country's wind farms has stayed in Wales. They also cautioned the government that if it delays in issuing approvals and permits for future wind farms, this number will be reduced.

The BBC said the report claimed the majority of economic benefit would be seen in construction and manufacturing.

“The report looks into the economic opportunities and the employment opportunities of Wales and there's very positive figures in relation to that,” said Llywelyn Rhys, deputy director of Renewable UK Cymru.

Spain wind power reaches all-time high

Wind power in Wales has the potential to be as beneficial as it has been to Spain. According to Bloomberg, Spain announced their wind-power output exceeded 6 terawatt-hours for the first time this month.

“The last time any technology exceeded 6 terawatt-hours of monthly generation was in 2010, when it was combined-cycle gas turbines,” said the Spanish Wind Energy Association, a wind lobbying group.

Learn more about wind power in the United Kingdom at PennEnergy's research area.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs