News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
27
o
Bekaa
26
o
Keserwan
28
o
Metn
28
o
Mount Lebanon
25
o
North
29
o
South
27
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Nokta Ntaha
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
27
o
Bekaa
26
o
Keserwan
28
o
Metn
28
o
Mount Lebanon
25
o
North
29
o
South
27
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Series
Movies
Documentaries
Variety
Comedy
Talk Show
News Bulletin
Sports
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Britain announces £205 million auction for renewable power projects
World
16-03-2023 | 08:11
High views
Share
Share
2
min
Britain announces £205 million auction for renewable power projects
Britain’s next auction round to spur renewable power projects will be worth about 205 million pounds ($247 million), the government said on Thursday.
The British government has set targets for major increases in wind power generation, for instance, as it seeks to meet a goal of net zero emissions by 2050 and become more independent of imported energy after supply disruption caused by Russia’s invasion of Ukraine.
“Continued investment in renewable energy will limit the impact of events like Putin’s illegal war in Ukraine and drive our overriding priority for the UK to have among the cheapest wholesale electricity prices in Europe,” Energy Security and Net Zero minister Graham Stuart said in a statement.
This will be the fifth round of the Contracts for Difference (CfD) auctions that offer a guaranteed price for electricity for new renewable projects.
Application for the auction is expected to open this month while the time-frame for the outcome later this year will depend on whether any unsuccessful applicants appeal.
The auction announcement comes after renewable project developers were left disappointed by Britain’s budget announced on Wednesday.
They had been seeking a change to the Electricity Generator Levy (EGL), which the government implemented from the start of this year to combat high energy prices, and which the industry says is a de facto windfall tax.
No changes were announced but the government said measures to support energy security will be announced later in March.
Reuters
Britain
Auction
Renewable
Power
Projects
UK
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
World News
2025-04-10
South Korea's presidential front-runner Lee Jae-myung enters leadership race
World News
2025-04-10
South Korea's presidential front-runner Lee Jae-myung enters leadership race
0
Lebanon News
2025-05-04
Minor scuffle reported at polling station in Ghineh, Keserwan
Lebanon News
2025-05-04
Minor scuffle reported at polling station in Ghineh, Keserwan
0
Lebanon News
2025-05-05
Lebanon's Army Commander meets Saudi Ambassador to discuss regional and local developments
Lebanon News
2025-05-05
Lebanon's Army Commander meets Saudi Ambassador to discuss regional and local developments
0
Lebanon News
08:59
Pregnant journalist Petra Abou Haidar attacked in road rage assault
Lebanon News
08:59
Pregnant journalist Petra Abou Haidar attacked in road rage assault
Videos
d-none hideMe
0
Lebanon News
08:59
Pregnant journalist Petra Abou Haidar attacked in road rage assault
Lebanon News
08:59
Pregnant journalist Petra Abou Haidar attacked in road rage assault
0
Lebanon News
2025-07-01
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
Lebanon News
2025-07-01
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
0
Lebanon News
2025-06-10
Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)
Lebanon News
2025-06-10
Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)
0
Lebanon News
2025-06-04
Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties
Lebanon News
2025-06-04
Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties
0
Lebanon News
2025-05-19
President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels
Lebanon News
2025-05-19
President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels
0
Lebanon News
2025-05-15
LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future
Lebanon News
2025-05-15
LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future
0
Lebanon News
2025-05-11
Kuwait rolls out official welcome for Lebanon's President Aoun – video
Lebanon News
2025-05-11
Kuwait rolls out official welcome for Lebanon's President Aoun – video
0
Lebanon News
2025-05-11
Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers
Lebanon News
2025-05-11
Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers
0
News Bulletin Reports
2025-05-09
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
News Bulletin Reports
2025-05-09
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
08:59
Pregnant journalist Petra Abou Haidar attacked in road rage assault
Lebanon News
08:59
Pregnant journalist Petra Abou Haidar attacked in road rage assault
2
Lebanon News
08:53
Israeli airstrikes kill 12 in Lebanon's Bekaa, including Syrian refugees
Lebanon News
08:53
Israeli airstrikes kill 12 in Lebanon's Bekaa, including Syrian refugees
3
Lebanon Economy
07:05
Lebanon's central bank bans interactions with Hezbollah's Al-Qard Al-Hassan: Circular
Lebanon Economy
07:05
Lebanon's central bank bans interactions with Hezbollah's Al-Qard Al-Hassan: Circular
4
Lebanon News
07:15
Lebanese Army arrests 144 Syrians for illegal entry, detains multiple Lebanese suspects in raids
Lebanon News
07:15
Lebanese Army arrests 144 Syrians for illegal entry, detains multiple Lebanese suspects in raids
5
Lebanon News
03:42
Airstrikes hit Bodai as Israel targets alleged Hezbollah positions in Bekaa
Lebanon News
03:42
Airstrikes hit Bodai as Israel targets alleged Hezbollah positions in Bekaa
6
Lebanon News
10:10
Lebanon's Press Club condemns assault on journalist Petra Abou Haidar, calls for accountability
Lebanon News
10:10
Lebanon's Press Club condemns assault on journalist Petra Abou Haidar, calls for accountability
7
Lebanon News
04:44
Israeli defense minister says strikes under way in Lebanon are 'clear message' to Hezbollah
Lebanon News
04:44
Israeli defense minister says strikes under way in Lebanon are 'clear message' to Hezbollah
8
Lebanon News
03:32
Lebanese committee to meet at Presidential Palace after receiving US response to proposal
Lebanon News
03:32
Lebanese committee to meet at Presidential Palace after receiving US response to proposal
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More