herald

Wednesday 15 August 2018

Save €24bn with wind

WIND-generated energy can save up to €24bn in fuel costs by 2015, the European Wind Energy Association (EWEA) said.

The organisation, which marked Global Wind Day earlier this week - added that on a continent-wide basis - these savings could jump to €87bn by 2020.

The association said that rising fossil fuel prices, devastating oil spills and the nuclear crisis in Fukushima have substantially raised expectations of wind energy.

EWEA claimed that in three-and-a-half years, Europe can take away €15.1bn of coal costs, €6.4bn of gas costs and reduce its combined oil costs by €1.7bn by using wind as its primary renewable energy source.

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