UK government supports clean energy with new investment

The UK government has launched the Clean Industry Bonus, aimed at supporting offshore wind developers who prioritize investment in deprived regions. This initiative aims to create highly skilled jobs in areas formerly reliant on oil and gas and promote the construction of low carbon factories. The funding could amount to £200 million for developers committing to 7-8 GW of offshore wind projects, with financial support of £27 million per gigawatt made available through the Contracts for Difference mechanism.