What’s Next for Britain’s Struggling Offshore Wind Industry?
- UK gets zero bids at auction for offshore wind farms
- Results will add to doubts about UK’s climate targets
The UK desperately needs to fix the current situation if it’s to have any chance of meeting its offshore wind energy targets.
Photographer: Ian Forsyth/BloombergThis article is for subscribers only.
The UK’s offshore wind energy plans, and the climate goals that go with it, have been brought to a sudden halt.
On Friday, an auction for contracts to build new wind farms received zero bids from developers. It’s the first time that’s happened since the current system was introduced almost a decade ago, and it raises major questions about the UK’s environmental targets.