Offshore wind: Report warns 'inflexible' rules risk stifling developers at £1.5bn cost to UK bills

Michael Holder
clock • 5 min read
Credit: Octopus Energy
Image:

Credit: Octopus Energy

Concerns continue to mount that next month's Contracts for Difference auction may fail to deliver on UK ambitions for offshore wind capacity

Offshore wind developers risk being stymied by "inflexible" red tape in the government's flagship renewable power scheme, which could see billpayers miss out on low-cost, green energy to the tune of £1.5bn...

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

ScottishPower unveils plan to double capacity of iconic Whitelee wind farm

ScottishPower unveils plan to double capacity of iconic Whitelee wind farm

Energy giant announces plan to repower famous wind farm near Glasgow, as Centrica confirms life extension for two nuclear power plants

James Murray
clock 23 July 2026 • 3 min read
Scottish Government greenlights 2GW Moray Firth offshore wind projects

Scottish Government greenlights 2GW Moray Firth offshore wind projects

North and South Caledonia projects combining fixed bottom and floating wind turbines expected to start construction in 2030 subject to securing Contracts for Difference

Michael Holder
clock 17 July 2026 • 2 min read
 Good Energy inks its 'largest ever' offshore wind PPA deal with Ørsted

Good Energy inks its 'largest ever' offshore wind PPA deal with Ørsted

Agreement will deliver 400GWh of renewable electricity over two years - enough to power 74,000 UK homes a year

clock 15 July 2026 • 2 min read