Record-Breaking Wind Power Auction Proves Critics Wrong, Says Energy Secretary
The UK government has secured a landmark 8.4GW of offshore wind in its latest auction, shattering records and sending shockwaves through the energy industry. The deal, which will power over 12 million homes, marks a significant milestone for Britain's clean energy ambitions and proves critics wrong.
Energy secretary Ed Miliband says the historic auction result is a game-changer for the country, providing a foundation for a new era of energy sovereignty and abundance. "We've secured billions of pounds of private investment that will unlock a new era of growth and jobs in our industry," he said. "This is a momentous day for Britain, one that we can be proud of."
Miliband argues that the cost of renewable energy has fallen dramatically, making it cheaper than building and operating new gas plants. The average price secured for fixed offshore wind projects was Β£90.91 per megawatt-hour, significantly lower than the cost of traditional fossil fuels.
The auction result includes some of the largest offshore wind farms in the world, including Dogger Bank South off the coast of Yorkshire and Norfolk Vanguard off East Anglia. The government also secured pioneering floating offshore wind projects in Scotland and Wales, putting Britain at the forefront of emerging technologies.
For Miliband, this success marks a major shift away from the UK's reliance on fossil fuels and towards a cleaner, more sustainable energy future. "We can't let the doubters get in the way," he said. "Clean power is the right choice for lower bills, energy security, good jobs, and tackling the climate crisis."
The auction result also underlines the government's commitment to its industrial strategy, which aims to drive growth and create thousands of new jobs in the clean energy sector. Miliband says this deal will unlock Β£22bn of investment in Britain and support 100,000 offshore wind jobs by the end of the decade.
As the UK looks to meet its ambitious target of net-zero emissions by 2050, this record-breaking auction result is a significant boost for those pushing for cleaner, more sustainable energy. With the government firmly on track to deliver its clean power system, it's clear that Britain is now a major player in the global transition to renewable energy.
The UK government has secured a landmark 8.4GW of offshore wind in its latest auction, shattering records and sending shockwaves through the energy industry. The deal, which will power over 12 million homes, marks a significant milestone for Britain's clean energy ambitions and proves critics wrong.
Energy secretary Ed Miliband says the historic auction result is a game-changer for the country, providing a foundation for a new era of energy sovereignty and abundance. "We've secured billions of pounds of private investment that will unlock a new era of growth and jobs in our industry," he said. "This is a momentous day for Britain, one that we can be proud of."
Miliband argues that the cost of renewable energy has fallen dramatically, making it cheaper than building and operating new gas plants. The average price secured for fixed offshore wind projects was Β£90.91 per megawatt-hour, significantly lower than the cost of traditional fossil fuels.
The auction result includes some of the largest offshore wind farms in the world, including Dogger Bank South off the coast of Yorkshire and Norfolk Vanguard off East Anglia. The government also secured pioneering floating offshore wind projects in Scotland and Wales, putting Britain at the forefront of emerging technologies.
For Miliband, this success marks a major shift away from the UK's reliance on fossil fuels and towards a cleaner, more sustainable energy future. "We can't let the doubters get in the way," he said. "Clean power is the right choice for lower bills, energy security, good jobs, and tackling the climate crisis."
The auction result also underlines the government's commitment to its industrial strategy, which aims to drive growth and create thousands of new jobs in the clean energy sector. Miliband says this deal will unlock Β£22bn of investment in Britain and support 100,000 offshore wind jobs by the end of the decade.
As the UK looks to meet its ambitious target of net-zero emissions by 2050, this record-breaking auction result is a significant boost for those pushing for cleaner, more sustainable energy. With the government firmly on track to deliver its clean power system, it's clear that Britain is now a major player in the global transition to renewable energy.