The proof we got a bad deal on offshore wind farms

‘They were hailed by the Government as “a new stage in Britain’s green energy investment boom”: five big new offshore wind farm projects, awarded £12 billion in subsidy contracts less than a year ago.

But this week, evidence is expected to emerge that the prices handed to the projects were too generous – saddling consumers with millions of pounds in needlessly high energy bill levies for 15 years to come.

The National Audit Office, Competition and Markets Authority and Public Accounts Committee have already warned that ministers may have signed consumers up to a bad deal because the contracts were awarded last April without proper competition.’

Read more: The proof we got a bad deal on offshore wind farms