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

UK wind power breezes past new record for second time in a week

UK wind power breezes past new record for second time in a week

Onshore and offshore wind farms generate record 22.5GW as new data finds renewables provided over half of Britain's power during last four quarters

Stuart Stone
clock 20 December 2024 • 3 min read
Goldwind unveils 22MW deep sea wind power 'weapon'

Goldwind unveils 22MW deep sea wind power 'weapon'

Wind energy giant reveals first 22MW offshore turbine is expected to be installed in early 2025

Stuart Stone
clock 19 December 2024 • 2 min read
UK wind power record breezes past 22,000MW mark for first time

UK wind power record breezes past 22,000MW mark for first time

Unprecedented 22,243MW of wind power generated on December 15, as turbines take 'centre stage' in UK clean energy mix

Stuart Stone
clock 17 December 2024 • 2 min read