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UK renewable round flops with no bids for offshore wind projects

A significant blow has been dealt to the UK’s decarbonisation strategy following no offshore wind bids being submitted in the latest Allocation Round. The round works on a contracts for difference mechanism which guarantees consumers will pay a fixed price for the energy generated by the bidder. With lower wholesale prices subsidies added to customer …

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A significant blow has been dealt to the UK’s decarbonisation strategy following no offshore wind bids being submitted in the latest Allocation Round. The round works on a contracts for difference mechanism which guarantees consumers will pay a fixed price for the energy generated by the bidder. With lower wholesale prices subsidies added to customer …

[post_title] => UK renewable round flops with no bids for offshore wind projects [post_excerpt] => A significant blow has been dealt to the UK’s decarbonisation strategy following no offshore wind bids being submitted in the latest Allocation Round. The round works on a contracts for difference mechanism which guarantees consumers will pay a fixed p... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => uk-renewable-round-flops-with-no-bids-for-offshore-wind-projects [to_ping] => [pinged] => [post_modified] => 2023-09-08 02:40:00 [post_modified_gmt] => 2023-09-08 02:40:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=192849 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )