UK government raises clean energy auction budget by 50% to GBP1.56 billion

The UK government added GBP500 million ($642 million) to the budget for this year’s clean energy auction as it attempts to rapidly scale up renewables capacity and make up for last year’s failed bidding round, the Department for Energy Security and Net-Zero said July 31. The GBP1.56 billion per year now available for Allocation Round 6 (AR6) is the largest…The UK government added GBP500 million ($642 million) to the budget for this year’s clean energy auction as it attempts to rapidly scale up renewables capacity and make up for last year’s failed bidding round, the Department for Energy Security and Net-Zero said July 31. The GBP1.56 billion per year now available for Allocation Round 6 (AR6) is the largest…  Read More