More floating wind projects have been offered option agreements through ScotWind Leasing than fixed, with almost £700 million in option fees to now be passed to the Scottish government.
The fourth round of the Contracts for Difference (CfD) auction has opened, with a target of 12GW of electricity capacity set to gain £285 million of funding.
Up to £160 million of government funding is now available to developers and manufacturers looking to invest in UK large-scale floating offshore wind ports and factories.
RWE is expecting to invest around £15 billion in new UK green technologies and infrastructure by 2030, targeting wind, storage and hydrogen.
The fourth auction round of the Contracts for Difference (CfD) scheme is to have a £265 million budget, the Department for Business, Energy and Industrial Strategy (BEIS) has said.
ScottishPower and Shell have teamed up to submit proposals for the world’s first large-scale floating offshore windfarms.
Urgent action is needed to jumpstart grid decarbonisation according to the Nuclear Industry Association, RenewableUK and Solar Energy UK.
Reaching net zero can only be achieved by setting clear renewable energy milestones to be met by 2030, according to a new report from RenewableUK.
The government has announced £20 million for electric vehicle (EV) innovation and £92 million for technologies such as energy storage and floating wind.