Offshore wind projects could cost bill payers £1.5 billion a year due to new Treasury rules, according to the ECIU.
UK offshore wind at ‘tipping point’ due to funding crisis
UK ministers are being warned that offshore wind projects are at “tipping point” due to huge price inflations.
BP could build two offshore wind farms by late 2024
BP may build two offshore wind farms in late 2024 off the coasts of north Wales and northwest England – if planning permission allows.
Octopus Energy invests £15 billion in offshore wind
Octopus Energy will invest £15 billion into offshore wind by 2030, which will go towards generating enough power for 10 million homes.