U.K. Cuts Support for Onshore, Offshore Wind; Boosts Marine

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The U.K. government plans to cut subsidies for land-based and offshore wind farms, while boosting aid for wave and tidal plants, under a program that compels electricity suppliers to get power from alternative energy.

Each megawatt-hour of electricity generated from onshore wind will be rewarded with 0.9 tradable certificates, down from 1, the Department for Energy and Climate Change said today on its website. Offshore wind was cut to 1.9 from 2, as wave and tidal stream were raised to 5 from 2.