Experts say Ed Miliband’s £1.1bn for new offshore wind projects not enough

One energy industry source says they expected an annual budget as high as 2bn to meet UK's green energy targets

The energy secretary, Ed Miliband, has set aside 1.1bn a year for offshore wind power developers investing in new projects in a funding round seen by some in the industry as too small to meet the UK's green electricity targets.

The government's energy department said today it had budgeted 900m to pay developers of fixed wind turbines at sea and 180m for floating platforms.