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British government announces biggest round of its renewable energy plan
![British government announces biggest round of its renewable energy plan](https://api.thelevantnews.com/uploads/2021/09/1080x1000-renewable-energy-Shutterstock.jpeg )
Under the so-called Contracts-for-Difference (CfD) scheme, qualifying projects are guaranteed a minimum price at which they can sell electricity, and renewable power generators bid for CfD contracts in a round of auctions.
The scheme is part of Britain's plans to cut emissions before it hosts the United Nations' Climate Change conference, or COP26, in Scotland in November.
![](https://api.thelevantnews.com/uploads/2021/09/Green-heating-Shutterstock-750x375.jpeg)
The government said, the latest round provides 200 million pounds ($277 million) to support offshore wind projects and 55 million pounds for emerging renewable technologies.
Read more: UK PM will hold talks with Biden this month
Energy Minister Anne-Marie Trevelyan said: "The new plans set out today ... will support the next generation of renewable electricity projects needed to power our homes and meet our world-leading climate change targets."
Source: energyworld
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