Government provides £22m boost to CfD clean energy auction pot

Cecilia Keating
clock • 6 min read
Credit: Vattenfall
Image:

Credit: Vattenfall

Funding boost for Allocation Round 5 of the CfD auction scheme aims to help address rising costs for clean energy developers

The government has today increased the amount of money up for grabs in the current clean energy contract auction by 10 per cent, as Ministers look to respond to industry warnings that without additional...

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 Energy

Great Grid Partnership: National Grid teams up with seven firms to speed up electricity infrastructure delivery

Great Grid Partnership: National Grid teams up with seven firms to speed up electricity infrastructure delivery

National Grid launches partnership charged with delivering its so-called Great Grid Upgrade to ramp up renewable power capacity

Stuart Stone
clock 02 May 2024 • 3 min read
UK Export Finance inks landmark $7.5m oil and gas decommissioning deal

UK Export Finance inks landmark $7.5m oil and gas decommissioning deal

First of its kind deal aims to support overseas offshore oil and gas decommissioning in partnership with Brazilian firm Ocyan

Stuart Stone
clock 01 May 2024 • 2 min read
Aira launches Sheffield heat pump academy to train 8,000 installers

Aira launches Sheffield heat pump academy to train 8,000 installers

Swedish cleantech firm unveils new training headquarters as part of £300m UK investment push

Stuart Stone
clock 01 May 2024 • 3 min read