The British government has announced plans to expand its flagship renewable energy support scheme as part of its push toward a greener future. The scheme, known as Contracts for Difference (CfD), supports new low-carbon electricity generation projects, such as offshore wind and solar projects, by guaranteeing a fixed, pre-agreed price for the electricity generated over the term of the contract. The program has successfully supported 26.1 gigawatts of low-carbon projects, but the government has recognized that changes are needed…
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