Shift in Wind Favourable to UK Offshore Wind Industry

The government is to make big changes to the way it subsidises renewable energy, with subsidies for windfarms set to rise at the expense of onshore options, reports BBC News.

The BBC reports Government ministers as stating that they will cut support for onshore wind and solar energy, but give more backing to offshore wind power.

The price producers are promised for onshore wind power and solar energy will be cut from 2015, while the amount paid for offshore wind power will be increased.

The shift on wind energy comes ahead of Chancellor George Osborne's Autumn Statement, which he will deliver to MPs shortly.

Source: BBC News