Climate Politics
Labour Weighs Increasing UK Wind Funding for August’s Auction
- Think tank Ember says higher budget needed for summer auction
- Labour aim to have 55 gigawatts of offshore wind by 2030
Britain’s new government wants to install even more offshore wind capacity by 2030 than its predecessor, aiming for 55 gigawatts.
Photographer: Dominic Lipinski/BloombergUK Prime Minister Keir Starmer’s new government is considering increasing subsidies for offshore wind developers in an upcoming auction, part of a bid to remain on track for ambitious clean energy goals.
“Applications for Allocation Round 6 are currently being assessed and the Secretary of State will then carefully consider whether to increase the budget,” a spokesperson for the Department for Energy Security and Net Zero said in an email.