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What the papers say - FINANCIAL TIMES

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London mayor Ken Livingstone announced plans this week for the £2bn development of 27ha of brownfield land at King's Cross. The construction of 1,800 homes, cultural and leisure facilities will take 12 to 15 years to complete.

The House of Commons transport select committee believes a collision between a ship and an offshore windfarm is 'inevitable' due to a lack of consultation between energy firms, the shipping industry and ports. The MPs claim windfarm developments could interfere with radar and communication systems and impede navigation.

Prime Minister of Bulgaria Simeon Saxe-Coburg has put forward new plans to build a second nuclear power plant on the River Danube - 10 years after the project was cancelled due to environmental protests.

Five international contractors are bidding for the contract.

Insurance claims for storm and flood damage doubled between 1998 and 2003, reaching £6bn.

The Association of British Insurers said claims could further triple by 2050 as changes in climate increase risks to properties by 2%4% annually.

A government-backed training scheme is being set up to tackle a looming shortfall in skilled power engineers. The Power Academy will be organised by the Institution of Electrical Engineers (IEE), Strathclyde, Southampton and UMIST universities, and nine leading electricity companies.

The IEE says 25% of the most experienced power engineers will retire over the next 10 years.

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