(Source: Evening Standard)

By Evening Standard, London
Sep. 16--While wind farms sucking in millions in subsidies are routinely
delayed by a lack of finance, a small alternative-energy firm creating
electricity from gases in abandoned Nottinghamshire coal mines is continuing
to improve profits.
Coal mine methane specialist Alkane Energy, which gets no
renewable-energy subsidy, said half-year underlying profits rose 25 percent to
£1.4 million, as it increased production from its current 20 megawatts to a
three-years target of 50MW -- enough to power a small town. Currently active
in the Notts and Yorkshire areas, the firm has won licences to do the same in
Lancashire, Staffordshire and South Wales. Chief executive Neil O'Brien said
the group is also aiming to tap landfill sites.
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