UK's Crown Estate gives green light to expand capacity at offshore wind sites
11 Articles
11 Articles
UK's Crown Estate gives green light to expand capacity at offshore wind sites
King Charles III's Crown Estate, which owns Britain's seabed, has given the go-ahead to expand high-density wind farms on current seabed leases, seeking a rapid and space-efficient way to raise capacity and support the country's energy transition.
UK Increases Funding and Areas to Spur Offshore Wind Energy Development
Offshore wind energy continues to be a key portion of the UK’s plan for renewable energy with the government announcing on May 9 that it will expand funding and the available areas in response to strong demand from the industry. The UK continues to be the leader in Europe and the second largest globally with nearly 15 GW currently installed, while the government has set a target to reach 50 GW by 2030. This week, the plan appeared to be in jeopa…
UK More Than Doubles Clean Energy Scheme for Offshore Wind
The UK is more than doubling the funding for a so-called Clean Industry Bonus to support offshore wind projects, just as the world’s biggest offshore wind project developer, Orsted, pulled the plug on a major UK plan due to worsened economics. The UK government announced on Friday that it is bumping up the budget for the Clean Industry Bonus to $722 million (£544 million) from an initial $265 million (£200 million). Under the Labour government’s…
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