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

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

Floating wind power: Sumitomo Corporation snaps up stake in proposed 1.5GW Celtic Sea project

Floating wind power: Sumitomo Corporation snaps up stake in proposed 1.5GW Celtic Sea project

Tokyo-based investor acquires stake in project which involves development, construction and operation of a floating offshore wind farm with a planned generation capacity of up to 1.5 GW

clock 12 August 2026 • 2 min read
Grid curtailment costs: Britain's 'wasted wind power' bill exceeds £1bn so far in 2026

Grid curtailment costs: Britain's 'wasted wind power' bill exceeds £1bn so far in 2026

Cost of paying renewables operators to switch off during periods when grid capacity is constrained and firing up fossil gas plants instead could hit record high this year

Michael Holder
clock 11 August 2026 • 4 min read
Welsh government approves 200MW floating offshore wind farm in Celtic Sea

Welsh government approves 200MW floating offshore wind farm in Celtic Sea

Consent granted for Llŷr Wind Farm, with around 2,000 jobs expected to be created during construction

Stuart Stone
clock 10 August 2026 • 3 min read