Record breaking funding for clean energy in Britain
Thursday 08 Aug 2024
The new Energy Secretary has announced a £500m uplift in the budget for renewable energy auction this year, to a total of £1.5bn for Allocation Round 6.
£1.1bn is allocated to offshore wind projects. Established technologies, including onshore wind and solar will be allocated £185m. Emerging technologies such as tidal energy schemes and floating offshore wind have been allocated £270m.
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