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ORIGIN ENERGY CONSIDERS BUYING WIND FARMS.
SYDNEY, Sept 3 Asia Pulse - Origin Energy Ltd (ASX:ORG) is considering buying wind farms, and says a shift to renewable energy sources could potentially push electricity bills up by 20 per cent.
Origin chief executive Grant King said Australia's second biggest energy retailer would consider bidding for wind farms put up for sale by the Queensland government.
"... We will certainly look at that," Mr King told ABC television.
Origin currently offers wind and solar products to its customers but has to buy the energy from other suppliers.
Wind farms are generally much more highly geared than Origin's balance sheet, Mr King said.
"So whether we put them on our balance sheet or let them sit on someone else's balance sheet is a capital structure issue and an efficiency of capital issue."
The federal government plans to launch a carbon trading scheme in 2011, and is expected to set an emissions target and a carbon price some time next year.
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- News wire article from: Knight Ridder/Tribune Business News May 28, 2003 700+ words
...sales data found no evidence indicating wind farms harm home values in surrounding areas...within a five-mile radius of 10 U.S. wind farms examined in detail grew faster than those...counties nationwide that are home to 22 wind farms. The report, compiled by ECONorthwest...
- Wind Farms Can Be a Welcome Asset in the Right Community, Kansas State...
- News wire article from: The America's Intelligence Wire September 6, 2006 700+ words
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- AMSC Receives D-VAR(R) Orders for Two New U.S. Wind Farms.
- Press release article from: Business Wire June 12, 2007 700+ words
...Interconnection Solution Now Serving 30 Wind Farms Worldwide WESTBOROUGH, Mass. -- American...voltage regulation solution for use in wind farms being constructed in the United States...latest D-VAR systems will serve two wind farms in the Midwestern United States with...
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It is a myth that wind farms put tourists off visiting beauty spots...beauty spots say that the presence of wind farms makes no difference to whether or...Executive surveys of residents near wind farms whose opinions became more positive...
Source: HighBeam Research, ORIGIN ENERGY CONSIDERS BUYING WIND FARMS.