New windfarms will not cost billpayers after subsidies hit record low
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Cost of supporting offshore turbines drops to less than market price for electricity
The UK’s next wave of offshore windfarms will generate clean electricity at no extra cost to consumers after record low subsidy deals fell below the market price for the first time.
New offshore wind projects will power millions of British homes under “zero-subsidy” support contracts within the next four years, following a record-breaking government subsidy auction.
Categories Business Energy Energy bills Energy industry Environment Household bills Renewable energy UK news Wind power