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Energy security: Boost to offshore wind capacity expected through 'record' auction budget
The government announced a record budget of £1.5bn for renewable energy schemes, including an additional £500m for the upcoming auction, according to Energy Secretary Ed Miliband.
The budget allocates £1.1bn for offshore wind, increasing from £800m set by the previous government.
Funding for emerging technologies like floating offshore wind and tidal power will also increase to £270m, supporting the efforts for energy independence.