Will the government's record clean power auction put the UK back on track for net zero?

Michael Holder
clock • 15 min read
Credit: iStock
Image:

Credit: iStock

The government has promised £800m for offshore wind in this year's CfD auction, but industry figures fear the budget is insufficient to meet 2030 renewables targets - and could put climate goals at risk

Chancellor Jeremy Hunt courted controversy yesterday through his failure to mention 'climate change' once in a Spring Budget address focused on pre-election tax cuts and attacks on the Labour Opposition....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Wind

Bute Energy secures financial close for £160m Twyn Hywel Energy Park

Bute Energy secures financial close for £160m Twyn Hywel Energy Park

Two major financing deals confirmed for Welsh wind farms, as government hints at plans for upcoming clean energy contract auctions

James Murray
clock 18 June 2026 • 3 min read
UK offshore wind industry launches Wind Innovation Hub

UK offshore wind industry launches Wind Innovation Hub

New initiative aims to become 'innovation and industrialisation engine' for UK offshore wind industry

clock 16 June 2026 • 2 min read
GWEC: Global offshore wind capacity to quadruple in the next decade

GWEC: Global offshore wind capacity to quadruple in the next decade

Annual offshore wind installations expected to surpass 50GW a year in the next decade, as global capacity set to reach 420GW by 2035, industry estimates claim

Stuart Stone
clock 10 June 2026 • 4 min read