Britain Sets £1.08 Billion Budget to Supercharge Offshore Wind Expansion
United Kingdom, October 27, 2025: The UK government has announced a budget of £1.08 billion (approximately US$1.45 billion) for its upcoming offshore wind Contracts for Difference (CfD) auction, allocating £900 million for fixed-bottom offshore wind projects and £180 million for floating-wind technologies. Government documents released on Monday