Britain's next auction round to spur investment in renewable power capacity will have a budget of 1.080 billion pounds ($1.45 billion) for offshore wind projects…
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Britain's next auction round to spur investment in renewable power capacity will have a budget of 1.080 billion pounds ($1.45 billion) for offshore wind projects, government documents released on Monday showed.
The country has put offshore wind at the heart of its plans to decarbonize its electricity sector by 2030. It aims to boost capacity to 43-50 gigawatts (GW) by the end of the decade, from around 15 GW currently.
($1 = 0.7451 pounds)
(Reuters)
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