Guardian: Britain could become the “Saudi Arabia of the renewables world” on the back of North Sea wind and wave resources, according to a study carried out by government and industry. The review by independent consultants for the Offshore Valuation Group estimates that by 2050 the UK could generate the equivalent in electricity to the 1bn barrels of oil and gas being produced annually offshore. Green energy experts in the City are sceptical claiming it would require herculean efforts to …