UK awards contracts for 131 clean energy projects

Financial Times September 3, 2024, 10:00 AM UTC

The UK has awarded contracts for 131 clean energy projects, totaling 9.6 gigawatts, in its latest auction, which could power 11 million homes. This marks a significant recovery from last year's auction, where no bids were received. Offshore wind projects secured contracts at prices ranging from £54.23 to £58.87 per MWh, up from £37.35 in 2022. The government aims for net zero power by 2030.


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