RE: Meygen12 Jul 2022 20:26
Here is UK Gov link too following auction and allocation of 1GW of clean energy to 12 projects including Maygen project (SAE). This is one of many SAE projects.
https://www.gov.uk/government/news/biggest-renewables-auction-accelerates-move-away-from-fossil-fuels
For new buyers and holders going forward
RenewableUK Deputy Chief Executive Melanie Onn said:
Today’s record-breaking auction results show that there is a way to replace unaffordable gas with low-cost clean power generated by a wide range of renewable technologies led by wind, both offshore and onshore. Thanks to the rapid construction times of new onshore wind and solar sites, billpayers will start to feel the benefits of today’s auction next year.
The auction also showed that the UK is maintaining its position as a world-leader in innovative renewable energy technologies like tidal stream and floating wind, which will both play an increasingly significant role in our transition to clean power to meet our net zero goal.
Working closely with government, we need to make this country the most attractive place to invest in. This is particularly important if we want to develop our supply chain in new technologies like floating wind, tidal stream and green hydrogen, in which we can lead the global market and seize the export opportunities this offers.
CEO of Low Carbon Contracts Company, Neil McDermott, said:
Huge congratulations to all of the contract winners announced; we’re looking forward to working with you imminently and throughout the coming years. This latest generation of low carbon power projects couldn’t come at a more important time, given the impact of volatile fossil fuel markets on energy prices in the last year and the crucial timing of our actions to counter climate change. The scale and diversity of projects supported through AR4 will provide secure, reliable home-grown power for decades to come, bringing benefits for communities and businesses by modernising electricity generation across Great Britain.