Benefits
New onshore wind, alongside other renewable technologies, are the cheapest forms of renewable electricity generation1 and it is imperative that we deliver clean, low cost electricity as efficiently as possible for consumers. Mynydd Maen would be capable of providing clean, low cost renewable electricity for around 55,000 homes2 making an important contribution to the decarbonisation of Wales’ energy system by 2035.
The construction of Mynydd Maen Wind Farm is estimated to deliver £26.3m into the Welsh economy with £3.6m injected into the local area. It is also predicted to support eight jobs during the operational phase as well as deliver more than £37m in business rates to Caerphilly and Torfaen County Borough Councils over its 35-year operational lifetime.
The project would also provide a community benefits package to help to secure long-term economic, social and environmental benefits; this could include RES’ innovative Local Electricity Discount Scheme (LEDS) which provides an annual discount on the electricity bills of properties closest to participating renewable energy projects.
1 https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/911817/electricity-generation-cost-report-2020.pdf
2 The homes figure has been calculated by taking the predicted annual electricity generation of the site (based on RES assessments Mynydd Maen has a predicted capacity factor of 41.7%) and dividing this by the annual average electricity figures from the Department of Business, Energy and Industrial Strategy (BEIS) showing that the annual UK average domestic household consumption is 3,509kWh (Dec 2022).