Great Britain’s renewable energy auction has secured enough new clean electricity projects to power 11m UK homes after the Labour government made record funding available to suppliers.
The £1.5bn auction will support 131 new projects including windfarms, solar farms and tidal power projects after ministers increased the amount of funding available to seven times the sums offered last year.
The sixth auction of its kind is expected to bring forward a record-breaking amount of clean energy, at below the cost of running a gas power plant, by giving developers a guaranteed price for each unit of clean electricity they generate.
This should eventually mean lower energy bills for consumers.