Monthly Archives: November 2023

UK Government increases support for floating wind ahead of next seabed auction

The UK Government have significantly increased the strike price they will offer for floating offshore wind projects in the next Contracts for Difference (CfD) auction, following the lower-than-expected offshore wind allocation in the previous auction, and the impact of global events on supply chains. This amounts to a 52% increase from £116/MWh to £176/MWh. Marine[…]