Experts say Ed Miliband’s £1.1bn for new offshore wind projects not enough

<p>One energy industry source says they expected an annual budget as high as £2bn to meet UK’s green energy targets</p><p>The energy secretary, Ed Miliband, has set aside £1.1bn a year for offshore wind power developers investing in new projects in a funding round seen by some in the industry as too small to meet the UK’s green electricity targets.</p><p>The government’s energy department <a href="https://assets.publishing.service.gov.uk/media/68ff773ea50917eae8b48371/cfd-ar7-contract-budget-notice.pdf">said</a> today it had budgeted £900m to pay developers of fixed wind turbines at sea and £180m for floating platforms.</p> <a href="https://www.theguardian.com/environment/2025/oct/27/ed-miliband-1-1bn-a-year-new-offshore-wind-projects">Continue reading...</a>