ScottishPower statement on AR6 budget allocation
“The UK has been a global leader in developing renewables. After the failure of last year’s auction to attract any bids for new offshore projects, today’s announcement is an important test of the Government’s resolve to get back on track with its own green energy targets.
“The Government has taken a major step in the right direction today by quadrupling the available budget – a clear statement of intent in ramping up the ambition to bring cheaper, greener energy onto the system quickly.
“I expect the auction to be hugely competitive. Given the scale of the available pipeline, there is always the opportunity to go further, and so we would encourage the Government to revisit the budget in the light of developments.”
Published: 07-03-2024
