AR7
Record breaking auction for offshore wind secured to take back control of Britain's energy
A record 8.4GW of offshore wind has been secured in Europe’s biggest ever offshore wind auction - enough clean electricity to power the equivalent of over 12 million homes.
As Britain races to cut bills and meet growing energy demand, the price agreed for offshore wind is 40% lower than the cost of building and operating a new gas power plant.
This puts the country firmly on track to deliver the mission for clean power by 2030, taking back control of its energy and lowering bills for good.
Successful results unlock £22 billion in private investment and support 7,000 good, skilled jobs in every corner of the country – from the Scottish Highlands to the Celtic Sea.