New U.K. government bets big on offshore wind

Capt. John

The U.K. has a new government — and it’s betting big on offshore wind. Secretary of State for Energy Security and Net Zero Ed Miliband MP today announced that the U.K.’s next renewable energy auction will have a budget of over £1.5 billion (about $1.93 billion), with the biggest boost being £1.1 billion for offshore wind. The budget is more than 50% over last year’s Contracts for Difference (CfD) auction that attracted no bids — causing international hand wringing over the future for offshore...

https://www.marinelog.com/offshore/offshore-wind/new-u-k-government-bets-big-on-offshore-wind/

Leave a Comment