Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, whether she has taken steps with the Chancellor of the Exchequer to increase the offshore wind capacity delivered in the Contracts for Difference Allocation Round 6 compared to Allocation Round 5.
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.