CfD

The UK is less energy secure than it was a year ago, with the country on a path to even greater insecurity

ECIU estimates wind, solar, and hydro provided 40 per cent of UK electricity over winter months, while gas fired power plants provided around a third

The government has promised £800m for offshore wind in this year's CfD auction, but industry figures fear the budget is insufficient to meet 2030 renewables targets - and could put climate goals at risk

Experts warn next auction round likely to leave the UK badly off track to meet its target of 50GW of new offshore wind capacity by 2030

Trade body urges government to be 'ambitious' in setting parameters and budget for this summer's clean power contracts auction after last year's round attracted zero offshore wind bids

Government sets out suite of proposed reforms to enable onshore wind 'repowering’ projects to bid in clean power contract auctions from 2025

Government announces it will raise maximum price for new offshore wind farms by 66 per cent, as Ministers attempt to avoid repeat of last summer's failed clean energy auction

But industry joins with offshore wind sector in warning that auctions need to ensure all forms of renewable generation can compete

BusinessGreen rounds up all the top reaction to the results of the government's latest Contracts for Difference auction which failed to attract any bids from offshore wind developers

Fifth round of the government's Contracts for Difference scheme looks set to have attracted minimal interest from offshore wind developers, as industry continues to wrestle with soaring inflation