Subsidies guaranteeing price for each unit of clean electricity generated given to 12 renewables projectsEd Miliband: With this record wind power auction, we’ve proved the rightwing doubters wrongBusiness live – latest updatesA make-or-break auction for the UK government’s goal to create a clean electricity system by 2030 has awarded subsidy contracts to enough offshore windfarms to power a record 12m homes.In Great Britain’s most competitive auction for renewable subsidies to date, energy companies vied for contracts that guarantee the price for each unit of clean electricity they generate. Continue reading...