Photo: Aker Offshore Wind. The UK government has increased the scope for investment in offshore wind projects, creating scope to provide renewable energy to millions of homes annually. Changes in the Contracts for Difference (CfD) renewables programme come after no offshore wind projects were put forward in the last CfD round. Industry body RenewableUK has now suggested there is potential for government to unlock a record level of investment in offshore wind projects in 2024. “Even so, this belated recognition of what was needed to secure offshore wind development is welcome.

Source: The Times November 18, 2023 11:45 UTC