'A shrewd decision': Government confirms sharp increase to offshore wind auction price

James Murray
clock • 8 min read
'A shrewd decision': Government confirms sharp increase to offshore wind auction price

Government announces it will raise maximum price for new offshore wind farms by 66 per cent, as Ministers attempt to avoid repeat of last summer's failed clean energy auction

The government has today announced it will increase the maximum price for offshore wind projects secured through the next clean power contract auction round, as it looks to make up the ground lost as a...

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

Gas generation falls as wind farms set new quarterly generation record

Gas generation falls as wind farms set new quarterly generation record

New data shows wind generation reached 29.2TWh during the first quarter, as gas power output fell 16 per cent year-on-year

James Murray
clock 20 April 2026 • 3 min read
RWE and Network Rail ink five-year offshore wind farm deal

RWE and Network Rail ink five-year offshore wind farm deal

RWE to supply 300Gwh of clean electricity to Network Rail to power its offices, depots, and stations

clock 16 April 2026 • 2 min read
Evolve Energy strikes offtake deal for power from Race Bank offshore wind farm

Evolve Energy strikes offtake deal for power from Race Bank offshore wind farm

Major new power purchase agreement with Shell Energy Europe to secure 1TWh of clean power for Evolve Energy's industrial and commercial customers

clock 14 April 2026 • 2 min read