Record Offshore Wind Auction Boosts UK’s Hopes for 2030 Goal

Britain stepped up support for offshore wind in the latest subsidy auction, showing the government is still determined to meet its ambitious 2030 clean-power goal even as costs rise.

The 8.2 gigawatts of offshore wind beat analysts’ expectations and will boost the likelihood of the government delivering on its promise to almost totally exit fossil fuels in power generation. The UK now needs around 7 gigawatts of new capacity in the next auction, which is the last realistic chance to get projects built in time.