Auction success puts offshore wind back on track

Auction success puts offshore wind back on track

ScottishPower statement on the results of the sixth allocation round (AR6) of the Contracts for Difference scheme

Keith Anderson, ScottishPower CEO said: “Offshore wind is back on track after last year’s misstep which is great news for consumers.  The only solution to weaning the UK off volatile fossil fuels which are the root cause of increasing bills is more clean, green energy.

“This auction’s success shows this tried and tested investment mechanism, replicated globally, delivers exactly the scale of action needed, with billions of pounds to be pumped into the British economy replacing aging, polluting infrastructure.

“Now the Government and GB Energy should focus efforts on supporting new green technologies to unleash their potential, replicate offshore wind’s success and deliver on their ambition of making Britain a clean energy global superpower.”

Published: 03-09-2024