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Britain announces $1.45 billion budget for offshore wind auction
The UK government plans to boost offshore wind capacity to 43-50 GW by 2030 with a £1.08 billion annual support budget starting in 2028, aiming to attract up to £53 billion in investment.
- The Government unveiled a budget of £1.08 billion annually for offshore wind farms to encourage investment in renewable energy sources and help reduce household bills.
- Developers will submit sealed bids for a fixed price for electricity generated per megawatt hour between November 11 and 17, with project results announced in January.
- Jess Ralston from the Energy and Climate Intelligence Unit stated that the offshore wind budget is 'highly unlikely' to be added to energy bills despite outdated estimates.
- Campaigners like Doug Parr from Greenpeace praised the budget as a significant step toward energy security and noted it helps reduce reliance on fossil fuels while potentially lowering electricity prices.
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64 Articles
Britain announces $1.45 billion budget for offshore wind auction
Britain is offering a smaller budget for offshore wind in its next auction round to spur investment in renewable power capacity, government documents showed on Monday, with one analyst saying the country will struggle to meet its clean power targets.
·United Kingdom
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The Scotsman+3 Reposted by 3 other sources
Warm Home Discount: what is it, as 100,000 homes in Scotland to get £150 energy scheme payment – eligibility
Scots on certain benefits could see extra help with winter bills 💡
·Scotland, United Kingdom
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Over 250,000 families to get £150 energy bill discount letter in post - full list of those who are eligible
More than 250,000 families are now receiving letters confirming a £150 discount on their winter energy bills as part of the Government’s Warm Home Discount scheme
·London, United Kingdom
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Gloucestershire Live+3 Reposted by 3 other sources
Government today confirms who gets £150 energy bills discount in UK
The letters are being sent to households across England and Wales from Tuesday
·Gloucester, United Kingdom
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Coverage Details
Total News Sources64
Leaning Left6Leaning Right1Center34Last UpdatedBias Distribution83% Center
Bias Distribution
- 83% of the sources are Center
83% Center
15%
C 83%
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