Story perspectives

UK Secures 8.4 GW Offshore Wind Contracts, Boosts Energy Sovereignty

1/14/2026

Summary

Story summary

The UK government awarded contracts for 8.4 gigawatts of offshore wind capacity, enough to power 12 million homes.
Energy Secretary Ed Miliband hailed the auction as a historic achievement that advances energy sovereignty and job creation.
Contract prices ranged from £89.49 to £91.20 per megawatt-hour, higher than the current wholesale price of £81.
Experts say the investment could lower bills and is essential for meeting the 2030 clean energy targets.

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Story summary

The UK government awarded contracts for 8.4 gigawatts of offshore wind capacity, enough to power 12 million homes.
Energy Secretary Ed Miliband hailed the auction as a historic achievement that advances energy sovereignty and job creation.
Contract prices ranged from £89.49 to £91.20 per megawatt-hour, higher than the current wholesale price of £81.
Experts say the investment could lower bills and is essential for meeting the 2030 clean energy targets.