Wind Power: Seas and Oceans

(asked on 17th May 2024) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what steps he has taken with the Chancellor of the Exchequer to ensure that the Contracts for Difference Allocation Round 6 delivers more offshore wind capacity than Allocation Round 5.


Answered by
Andrew Bowie Portrait
Andrew Bowie
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 22nd May 2024

On 6 March 2024, the Government confirmed over £1 billion of budget will be available in the Contracts for Difference Allocation Round 6 auction, including £800 million allocated to offshore wind. This followed the announcement in November that the administrative strike

prices for fixed and floating offshore wind had been increased by 66% and over 50% respectively, since the previous allocation round. This budget announcement makes this the largest round yet, with four times more budget available to offshore wind than in the previous round.

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