Evening Standard

Government announces £800m for offshore wind power support

Source: PA Archive

Developers are being offered £800 million in support for new offshore wind farms, as part of a record £1 billion backing for green power.

The Government has unveiled the cash pot for the next renewable electricity auction, which sees developers bid to secure a fixed price they can charge for each megawatt hour (MWh) of power they generate.

It also revealed there had been a delay to the competition to build small nuclear power plants – so-called small modular reactors (SMRs).

The boost for renewables comes

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