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<p>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</p><p>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.</p> |