RENEWABLE energy companies have announced this week that, for the first time in the UK, offshore wind energy will be cheaper than electricity generated from nuclear power.
The cost of government subsidies towards new offshore wind farms has halved since 2015 when the last bid for clean energy projects took place.
This year, two Scottish renewable firms have been awarded 15-year contracts, and they said they were willing to build offshore wind farms for a guaranteed price of £57.50 per megawatt hour, 50 per cent lower than the average £117.14 per megawatt hour two years ago.