News > Britain announces £1 billion auction for renewable power projects
Britain announces £1 billion auction for renewable power projects
06/03/2024 10:52 PM | Click to read full article
The government has set targets for major increases in renewable power to help increase Britain's energy security and meet climate targets. It holds annual auctions offering renewable power developers a guaranteed price for their electricity. The auction, the sixth of its type, will open to bidders from March 27, a separate document published by the Department for Energy Security and Net Zero said.
