Labour’s heady bid to make Britain a “clean energy superpower” has already run into cold reality, barely days into the Starmer-Reeves era. The Government has nudged up the operating buffer for this year’s AR6 auction of fixed offshore wind contracts to £1.1bn but this is still not nearly enough to underpin the goal of quadrupling offshore wind to 60 gigawatts (GW) by 2030. Time is already running out, given the six to eight-year lag time for offshore wind farms. Unless … read more »
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