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Home » News » Wind Energy » UK Raises Offshore Wind Strike Price by 11% in Latest Renewables Auction
Wind Energy

UK Raises Offshore Wind Strike Price by 11% in Latest Renewables Auction

By James RichardJuly 24, 20252 Mins Read
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Credit:Unsplash/Waldemar Brandt
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Britain will raise the guaranteed price for offshore wind power by 11% in this year’s renewable energy auction, the Department for Energy Security and Net Zero (DESNZ) confirmed, as inflation and supply chain disruptions continue to drive up development costs for clean energy projects. The increased strike price—offered under the government’s Contracts for Difference (CfD)

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Britain Carbon Contracts for Difference Electricity Offshore Renewable energy Wind
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Previous ArticleIberdrola Launches €5 Billion Capital Raise to Expand UK and US Grid Investments
Next Article EU Solar Expansion Set for First Annual Decline Since 2015

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