Renewable Energy: Finance
Commons · Question 100720 · Tabled 16 Dec 2025 · Department for Energy Security and Net Zero · Official record
Answered 24 Dec 2025
Question
Asked by Pippa Heylings
To ask the Secretary of State for Energy Security and Net Zero, what steps he is taking to ensure the effectiveness of funding for renewable energy projects through the Contracts for Difference Allocation Round 7.
Answer
Answered by Michael Shanks, 24 Dec 2025
An initial budget of £900 million is available for fixed-bottom offshore wind in Allocation Round 7, which is the largest ever initial budget for OFW. The Government has the ability to view unsuccessful bids and adjust the budget later, if it is good valu...