© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

Blow to Rishi Sunak as offshore wind auction attracts zero bidders

Government’s goals of reaching 50GW of offshore wind by 2030 and reducing energy bills may be at risk

No energy companies have submitted bids in the government’s offshore wind auction, sources have said, in what would be a significant blow to Rishi Sunak’s plans to meet climate targets and drive down energy bills.

Industry insiders suggested not a single firm had taken part in the auction for financial support contracts after the government ignored warnings that the offer was too low to reflect soaring costs.

Continue reading…

Related posts

Tesco to ration cooking oil purchases as war in Ukraine hits food prices

AEA3

Stephen Mangan to star in new desert island comedy alongside ‘castaway’ celebrities

AEA3

CBI’s survival hangs in balance as trade bodies cast fate-defining vote

AEA3

Pin It on Pinterest

Share This