Less offshore wind = more gas, more £££

The UK’s looming offshore wind shortfall could cost billions in extra gas consumption

The UK is highly likely to miss its target to install 50GW of offshore wind by 2030. With no offshore wind projects bidding for Contracts for Difference (CfD) in last week’s big auction result, the world’s second biggest market for the technology outside China is stalling. The country will pay a hefty price for this failure in terms of additional unplan…