Record £1.5bn budget unveiled to deliver UK clean energy projects
The UK Government has today announced an increase to the Contracts for Difference Allocation Round 6 (AR6) budget.
Energy secretary Ed Miliband revealed that this year’s renewable energy auction is being increased by £500 million to over £1.5 billion – a record budget – helping build new green infrastructure as part of the mission to deliver clean power by 2030.
Funding will accelerate the delivery of clean, cheap, low-carbon electricity to families and businesses, generated by renewable energy technologies such as wind turbines and solar panels.
The uplift comes on the day of the first meeting of the Clean Energy Mission Board – chaired by the Energy Secretary and attended by Ministers from across Whitehall – as part of plans for a mission-driven government. The board will meet to ensure a relentless focus on delivering the mission of clean power by 2030 and accelerating towards net zero.
Energy secretary Ed Miliband said: “Last year’s auction round was a catastrophe, with zero offshore wind secured, and delaying our move away from expensive fossil fuels to energy independence.
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