Government confirms £205m budget for latest renewables auction

James Murray
clock • 4 min read
Government confirms £205m budget for latest renewables auction

Budget announced for first annual contracts for difference auction round, but renewables industry fears smaller funding pot and soaring material costs could hit project pipeline

Just hours after the government faced criticism for failing to include any new measures to support the UK's renewables industry in its Spring Budget, the government has today announced a £205m budget for...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Wind

Green Volt: Flagship floating wind farm project secures planning approval

Green Volt: Flagship floating wind farm project secures planning approval

Scottish project on track to become Europe's first commercial scale floating offshore wind farm

James Murray
clock 23 April 2024 • 2 min read
Plans to expand Norfolk offshore wind farms get green light

Plans to expand Norfolk offshore wind farms get green light

Consent granted to projects to double capacity at the existing Sheringham Shoal and Dudgeon wind farms, as plans advance for new Viking Link interconnectors

clock 18 April 2024 • 4 min read
'Best ever year': How the record-breaking wind energy sector is preparing to go faster still

'Best ever year': How the record-breaking wind energy sector is preparing to go faster still

Global Wind Energy Council hails another year of growth for onshore and offshore wind capacity, but sector still faces challenges to reach 2030 goals - challenges the UK industry is hoping to overcome through a major new strategy

Michael Holder
clock 17 April 2024 • 7 min read