How offshore wind became such a good bet

Plans to offer offshore wind developers guaranteed prices of more than £100 per MWh to try to encourage the industry were met with derision less than a decade ago. Among the sceptics was Boris Johnson, London mayor at the time, who insisted wind farms couldn’t “pull the skin off a rice pudding” – as he wryly reminded observers this week. How times have changed. The electricity price guaranteed to UK offshore wind developers has fallen by 70pc and Johnson, now Prime