Government's £95m subsidy increase leaves renewables industry 'underwhelmed'

Jessica Shankleman
clock

RenewableUK welcomes funding increase, but predicts extra cash will deliver just 200MW of additional offshore wind farm capacity

The wind power industry has declared itself "underwhelmed" by the £95m in extra subsidies allocated today, arguing the move is unlikely to deliver a significant uplift in renewables capacity during the...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Wind

Octopus Energy offshore wind 'Fan Club' saves Grimsby residents up to £400 a year

Octopus Energy offshore wind 'Fan Club' saves Grimsby residents up to £400 a year

Customers overlooking Lincs offshore wind farm have saved an average of almost £200 over the past year through green tariff

Stuart Stone
clock 08 November 2024 • 2 min read
Welsh Government gives green light to 92MW Twyn Hywel onshore wind project

Welsh Government gives green light to 92MW Twyn Hywel onshore wind project

Welsh government grants planning permission to project proposed as part of Bute Energy's £3bn renewables portfolio

Stuart Stone
clock 06 November 2024 • 3 min read
Hackney wind turbine erected in just two days

Hackney wind turbine erected in just two days

Octopus Energy and Britain Remade team up to demonstrate how quickly wind turbines can be installed when not facing planning and grid connection delays

James Murray
clock 06 November 2024 • 3 min read