A new report from energy and climate think tank Ember has warned that the UK’s offshore wind industry is at serious risk of missing 2030 capacity targets if urgent action isn’t taken.
Industry group Marine Energy Council (MEC) announced 13 new Lead Partners to support its ambition to make the UK "the world leader in tidal stream and wave energy."
Chancellor of the exchequer Jeremy Hunt confirmed that the Energy Profit Levy (EPL) will be extended to 2029 in this year's Spring Budget shortly before the budget for auction round 6 (AR6) of Contracts for Difference (CfD) scheme budget was set at over £1 billion.