UK Will Provide Record $1B in Support to Offshore Wind in Next Auction

The UK government is planning to offer a record amount of support in the next round of offshore wind energy auctions scheduled for this year. It comes as the latest effort to kick start the next phase of renewable energy development in the UK after they fell short in 2023 with no bidders in the previous round of auctions. In addition to increasing its support for offshore wind, the government also earmarked £200 million for other forms of renewable energy. This includes a third round for tidal energy projects, as well as support for onshore wind, solar farms, geothermal, and to support the continued development of floating offshore wind farms. more, >>click to read<< 09:54

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