Auction spells end of subsidies for UK offshore wind

An auction this year designed to encourage more renewable energy in Britain will probably for the first time see a winning price for offshore wind at wholesale rates, according to a fund manager at Investec.

Auction spells end of subsidies for UK offshore wind
Fri, 05 Jul, 2019 - 07:30

By Mathew Carr and Jeremy Hodges

An auction this year designed to encourage more renewable energy in Britain will probably for the first time see a winning price for offshore wind at wholesale rates, according to a fund manager at Investec.

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