It's the economy, stupid! What we need to reenergise the offshore wind industry

clock • 4 min read
It's the economy, stupid! What we need to reenergise the offshore wind industry

The Contract for Difference auction's failure to attract any offshore wind bidders highlights how short-term political thinking can hurt progress towards net zero, argues RenewableUK's Ana Musat

The 1.4GW Boreas wind farm off the coast of Norfolk on hold. No new offshore wind capacity clearing at the today's Contracts for Difference (CfD) auction and the lowest levels of renewable capacity receiving...

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

Bute Energy secures financial close for £160m Twyn Hywel Energy Park

Bute Energy secures financial close for £160m Twyn Hywel Energy Park

Two major financing deals confirmed for Welsh wind farms, as government hints at plans for upcoming clean energy contract auctions

James Murray
clock 18 June 2026 • 3 min read
UK offshore wind industry launches Wind Innovation Hub

UK offshore wind industry launches Wind Innovation Hub

New initiative aims to become 'innovation and industrialisation engine' for UK offshore wind industry

clock 16 June 2026 • 2 min read
GWEC: Global offshore wind capacity to quadruple in the next decade

GWEC: Global offshore wind capacity to quadruple in the next decade

Annual offshore wind installations expected to surpass 50GW a year in the next decade, as global capacity set to reach 420GW by 2035, industry estimates claim

Stuart Stone
clock 10 June 2026 • 4 min read