The UK’s largest energy producer issued an alert following the most recent auction round, which failed to attract any bids for the construction of new farms.
Seaside residents offered cheaper power if they support offshore wind farms.
For some, a serene view of the sea is invaluable, but for others, it may come with a cost.
Octopus Energy buys 10% stake in Dutch offshore wind farm
Octopus Energy has secured a 10% ownership in the Borssele III & IV offshore wind farm located in the Dutch North Sea, with the purchase amount remaining undisclosed.