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<p>The Government primarily supports green electricity through its flagship Contracts for Difference scheme, which has so far awarded contracts totalling nearly 27GW of new low-carbon electricity capacity across all technologies. This month the Government has launched CfD Allocation Round 5, which is the first in a series of annual auctions going forward.</p><p> </p><p>In the Spring Budget, my Rt. Hon. Friend Mr Chancellor of the Exchequer also announced an unprecedented £20 billion investment in the early development of Carbon Capture, Utilisation and Storage (CCUS), to help meet the Government’s climate commitments.</p> |