'A British success story': Clean energy auction promises offshore wind at 'zero subsidy'

clock • 5 min read

Concerns over legal delays remain, but the offshore wind industry is today celebrating record cost reductions

The offshore wind industry looks set to deliver clean power below the wholesale cost of electricity, after the latest government auction for new clean power contracts saw the price offered by new offshore...

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

'A new era': EU unveils world's first voluntary standard for permanent carbon removals

A UK climate security report backed by the intelligence services was quietly buried - a pattern we've seen many times before

More on Wind

UK sets new monthly wind generation record
Wind

UK sets new monthly wind generation record

Latest data confirms UK generated 10.6TWh on wind power in January, helping to curb costly gas imports

James Murray
James Murray
clock 03 February 2026 • 3 min read
Offshore Renewable Energy Catapult kicks off annual offshore wind accelerator programme
Wind

Offshore Renewable Energy Catapult kicks off annual offshore wind accelerator programme

UK companies looking to fast track technology within the offshore wind sector can apply to join the Launch Academy

Amber Rolt
clock 30 January 2026 • 2 min read
Vattenfall to develop UK's first wind farm to use low carbon steel
Wind

Vattenfall to develop UK's first wind farm to use low carbon steel

Clashindarroch II Wind Farm in Scotland to play key role in Vattenfall's efforts to slash renewables industry's supply chain emissions

Amber Rolt
clock 29 January 2026 • 2 min read