Scotland Could Cash in GBP 30 Billion from Renewable Energy

First Minister Alex Salmond thinks that independent Scotland could cash in GBP 30 billion from green energy over 20 years. He said that unparalleled energy resources would give Scotland a huge competitive advantage over the rest of Europe, reports The Guardian.

The country has 25% of Europe’s tidal and offshore wind potential and 10% of wave power potential.

“Scotland has a huge competitive advantage. We will be able to produce energy better and cheaper than anywhere else – and in deeper waters”, said First Minister.

The Scottish Government intends to hold a referendum of the Scottish electorate on the issue of independence from the United Kingdom in the autumn of 2014.

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Offshore WIND staff, February 16, 2012;