One energy industry source says they expected an annual budget as high as £2bn to meet UK’s green energy targets
The energy secretary, Ed Miliband, has set aside £1.1bn a year for offshore wind power developers investing in new projects in a funding round seen by some in the industry as too small to meet the UK’s green electricity targets.
The government’s energy department said today it had budgeted £900m to pay developers of fixed wind turbines at sea and £180m for floating platforms.
Background
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Analysis
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What This Means
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