“We must build on Britain’s status as the world leader in offshore wind power generation,” says Darling, adding “The credit squeeze is holding back major offshore wind projects.”

The government’s commitment will involve increasing support through the Renewables Obligation for offshore wind projects to 2 ROC per megawatt hour (MWh) for the financial year 2009-2010, and fall back to 1.75 ROCS in 2010-2011, before reverting to the present 1.5