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Wind developer prepares for green trading
1 September 1998
WRE Ltd, the British subsidiary of a German wind plant development company, Wasserkraft und Regenerative Energieentwicklung (WRE), is gearing up to trade "green electricity" for second tier supply now that the electricity market's liberalisation is being extended to domestic customers. "Business and marketing plans have been presented to the electricity regulatory office, OFFER, and we now await a licence to begin trading at the start of 1999," explains WRE's Markus Kasten. The company, which in Germany is financed by issuing shares in its various projects on the open market, has already signed power purchase contracts with two wind plant operators in Britain. It is to buy 5.6 MW from Cornwall Light and Power and 4 MW from Delabole Wind Electric. Power from a 300 kW hydro station, along with peak load power from combined heat and power stations, will also be offered to green minded consumers. Talks are underway for a further 30 MW of renewables generation, Kasten adds. WRE Ltd, based in Neston, was set up in December by WRE and a British company, Energy for Sustainable Development.x
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