Renewable energy
Today the government has announced the biggest-ever round of our flagship renewable energy scheme, backed by an additional £265 million, as we lead the world in clean electricity generation, lower prices for consumers and creating jobs.
- The Conservative government is committed to supporting the next generation of renewable electricity projects needed to power our homes and meet our world-leading climate change targets.
- That is the reason for today's announcement of the biggest round yet in the flagship renewable energy scheme, Contracts for Difference, backed by £265 million to encourage investment in low-carbon electricity, with £200 million to support offshore wind projects, as well as £55 million for supporting emerging renewable technologies and creating well-paid highly skilled jobs in our former industrial heartlands.
- This will deliver on the Prime Minister’s Ten Point Plan and helps Britain to maintain our place as world leaders in clean electricity generation. It will also lower prices for consumers, as we continue to commit to green technology and build back better.
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