Published: March 7th, 2024,
Last updated: May 30th, 2025

The British government plans to provide an additional 1.025 billion pounds (1.2 billion euros) for the expansion of renewable energies in 2024, as revealed in the budget report for 2024. While 263 million euros annually are earmarked for solar energy, onshore wind farms, and hydropower, offshore wind farms are set to receive a record 935 million annually. This makes the support package three times larger than all previous packages, as Bloomberg reports.