Renewable energy projects 'to add 2% to household bills'
Eight major renewable energy projects planned by the government will add 2% to average household electricity bills by 2020, energy secretary Ed Davey has said.
Speaking to BBC Radio 4's Today programme, Mr Davey said that the contracts, which include offshore wind farms and conversions of coal-powered plants to run on biomass, are "critical" to provide the UK with "clean energy".
He also expects the projects to attract £12bn in private investment and support 8,500 jobs.
First broadcast on BBC Radio 4's Today programme on Wednesday 23 April.
23 Apr 2014
- From the section Business