Extension of state subsidies to offshore wind farms seen as sign of policy change

Extension of state subsidies to offshore wind farms seen as sign of policy change

Subsidies worth €277 million are currently paid to onshore wind farms

Minister for Climate Change Denis Naughten has said he will provide state subsidies for offshore wind and wave farms.

Subsidies worth €277 million are currently paid to onshore wind farms to give them a guaranteed price for electricity. But a new support scheme will be launched later this year which will be open to offshore energy projects.

It is a sign of a shift in government policy to bring in offshore energy rather than relying on...

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