Regen has written a letter to the Secretary of State, urging the government to take action to rebuild the UK's offshore wind leadership after the failure of the CfD Auction Round (AR) 5 to attract any offshore wind bids.
Regen has written a letter to the Secretary of State, urging the government to take action to rebuild the UK's offshore wind leadership after the failure of the CfD Auction Round (AR) 5 to attract any offshore wind bids.
The UK has developed a world-leading position in offshore wind due to sustained government policy support. The success of our offshore wind sector has delivered billions of pounds of investment. It has achieved greater energy security and played a key role in the UK delivering its legally binding carbon reduction targets.
However, the message from industry is that government has a short window to act. It must ensure the UK remains an attractive place to develop offshore wind within a competitive global marketplace. It is, therefore, disappointing that government has yet to publicly respond to the failure of the CfD Auction Round (AR) 5 to attract any offshore wind bids.
In Regen's letter to the Secretary of State, we urge the government to implement a number of recommendations.
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