Industry warns subsidy allocation means many planned offshore wind farms "cannot be funded"

James Murray
clock •

RenewableUK boss voices fears UK's world-leading offshore wind pipeline is being undermined by crippling policy uncertainty

The offshore wind industry issued a stark warning today about the future of its development pipeline, warning that imminent changes to the government's subsidy regime could leave many projects unable to...

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

James Murray
Author spotlight

James Murray

View profile
More from James Murray

'Copper crunch': How the AI and clean tech booms could send copper prices soaring

Electronic waste fees extended to online platforms

More on Wind

'Growing disconnect': Renewables curtailment costs have fallen - but can the trend last?
Wind

'Growing disconnect': Renewables curtailment costs have fallen - but can the trend last?

A new report reveals renewables curtailment costs fell seven per cent during the first half of 2025 even as the amount of power curtailed rose 15 per cent - but costs still topped £150m and could quickly climb again without market reforms

James Murray
James Murray
clock 11 August 2025 • 10 min read
'World's largest': Scottish Government grants consent for huge 4.1GW offshore wind farm
Wind

'World's largest': Scottish Government grants consent for huge 4.1GW offshore wind farm

Green light for Berwick Bank project puts UK 'in touching distance' of securing enough consented offshore wind capacity to support the government’s 2030 clean power mission

Michael Holder
Michael Holder
clock 31 July 2025 • 5 min read
Contracts for Difference: Government raises maximum bid prices for wind farm projects
Wind

Contracts for Difference: Government raises maximum bid prices for wind farm projects

Government increases the strike prices for offshore, onshore, and floating wind projects for next month's AR7 auction in response to rising costs across the industry

Michael Holder
Michael Holder
clock 25 July 2025 • 6 min read