On 6 October, the Government set out its plans for a Green Recovery, which ?included?an increased ambition of?40 GW of offshore wind by 2030 which would include as part of the 40GW a new target for floating offshore wind to deliver 1GW of energy by 2030 - over 15 times the current volumes worldwide.??This plan will help to build a world-leading offshore wind industry with the ability to generate more power by 2030 from offshore wind than every home in the UK uses now, and bring new jobs and growth to our ports and coastal regions.
In March, the Government announced the inclusion of onshore wind in the next Contracts for Difference allocation round, which is scheduled to open in late 2021 and which will aim to support double the capacity of renewable energy compared to the last round. On 24th November, the Government published a response to a consultation on proposed amendments to the Contract for Difference (CfD) scheme for the next allocation round. This confirmed a series of amendments to the CfD scheme so that it may continue to support the deployment of low carbon electricity generation, including the creation of a new auction pot for offshore wind projects, and the introduction of floating offshore wind as an eligible technology class.