Huge boost for renewables as offshore windfarm costs fall to record low

Green groups say record low price should sound death knell for Hinkley Point C after subsidy auction sets price for windpower below even lowest forecastOffshore windfarms are to be built for a record low price in the UK early next decade, after developers bid far more aggressively than expected for a multimillion-pound pot of government subsidies. Related: Business Today: sign up for a morning shot of financial newsContinue reading...