Offshore windfarm contracts to fuel 12m homes in Great Britain after record auction

Subsidies guaranteeing price for each unit of clean electricity generated given to 12 renewables projectsBusiness live - latest updatesA make-or-break auction for the UK government's goal to create a clean electricity system by 2030 has awarded subsidy contracts to enough offshore windfarms to power a record 12m homes.In Great Britain's most competitive auction for renewable subsidies to date, energy companies vied for contracts that guarantee the price for each unit of clean electricity they generate. Continue reading...