Published 07/31/2024 5:00:00 a.m.

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.

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The Independent

Renewable energy budget boosted to £1.5bn as record funding allocated for clean power

The funding uplift represents more than a 50 per cent increase on the budget previously set in March

07/30/2024 11:01:00 p.m.·London, United Kingdom

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Shropshire Star

Budget for new clean power schemes gets boost to record £1.5bn

Energy Secretary Ed Miliband claims move will help UK boost energy independence, protect billpayers, and become a clean energy superpower.

07/30/2024 11:02:28 p.m.·Ketley, United Kingdom

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Evening Standard

Budget for new clean power schemes gets boost to record £1.5bn

Energy Secretary Ed Miliband claims move will help UK boost energy independence, protect billpayers, and become a clean energy superpower.

07/30/2024 11:01:00 p.m.·London, United Kingdom

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Sky News UK

Energy security: Boost to offshore wind capacity expected through 'record' auction budget

Industry and climate campaigners welcome a greater government commitment to the success of the looming annual clean power auction following the disastrous outcome in the 2023 edition which failed to attract a single offshore wind bid.

07/30/2024 9:55:00 p.m.·United Kingdom

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business-live.co.uk

Government increases budget for new clean power schemes to record-breaking £1.5bn

The Government has increased its budget to support the next wave of renewable energy schemes to a record £1.5 billion, it has announced

07/31/2024 9:16:29 a.m.·London, United Kingdom

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Energy security: Boost to offshore wind capacity expected through 'record' auction budget

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Renewable energy budget boosted to £1.5bn as record funding allocated for clean power

Renewable energy budget boosted to £1.5bn as record funding allocated for clean power

Budget for new clean power schemes gets boost to record £1.5bn

Budget for new clean power schemes gets boost to record £1.5bn

Budget for new clean power schemes gets boost to record £1.5bn

Budget for new clean power schemes gets boost to record £1.5bn

Energy security: Boost to offshore wind capacity expected through 'record' auction budget

Energy security: Boost to offshore wind capacity expected through 'record' auction budget

Government increases budget for new clean power schemes to record-breaking £1.5bn

Government increases budget for new clean power schemes to record-breaking £1.5bn

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