UK Government Announces New Offshore Auctions

Wind Industry Profile of

RenewableUK is welcoming the announcement by the Department for Business, Energy and Industrial Strategy on new auctions to secure renewable energy sources which mean that the UK’s offshore wind capacity is set to double over the next decade.

Ministers have today confirmed that the next competitive auction to procure new renewable power capacity which will take place in May 2019, with offshore wind, remote island wind and a range of other projects competing for Contracts for Difference (CfD). The Minister for Clean Growth and Climate Change, Claire Perry, also announced that further CfD auctions will take place every 2 years and that auctions will be supported by a budget of £557m.  The UK already has just over 7GW gigawatts (GW) of operational offshore... ... More: Official Press Release RenewableUK

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RenewableUK, industry, auction, CfD, UK, government, support, association, offshore