Government’s goals of reaching 50GW of offshore wind by 2030 and reducing energy bills may be at risk
No energy companies have submitted bids in the government’s offshore wind auction, sources have said, in what would be a significant blow to Rishi Sunak’s plans to meet climate targets and drive down energy bills.
Industry insiders suggested not a single firm had taken part in the auction for financial support contracts after the government ignored warnings that the offer was too low to reflect soaring costs.
