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    Home > Finance > RWE, SSE among winners of British offshore wind power auction
    Finance
    RWE, SSE among winners of British offshore wind power auction

    Published by Global Banking and Finance Review

    Posted on January 14, 2026

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    Tags:auctionsustainabilityrenewable energyUK economyinvestment

    RWE and SSE Secure Contracts in Latest UK Offshore Wind Auction

    Overview of the Offshore Wind Auction

    LONDON, Jan 14 (Reuters) - RWE and SSE were among the project developers to win guaranteed electricity price contracts in Britain's latest offshore wind power auction, government documents showed on Wednesday.

    Significance of Offshore Wind Projects

    Offshore wind projects are at the heart of a government plan to largely decarbonise the country’s electricity sector by 2030 to help meet its climate targets.

    Winning Developers and Contracts

    (Reporting by Susanna Twidale. Editing by Mark Potter)

    Frequently Asked Questions about RWE, SSE among winners of British offshore wind power auction
    1What is offshore wind power?

    Offshore wind power refers to the generation of electricity from wind turbines located in bodies of water, typically oceans or large lakes, which harness wind energy to produce renewable electricity.

    2What are renewable energy projects?

    Renewable energy projects are initiatives focused on generating energy from natural resources that are replenished over time, such as wind, solar, and hydropower, contributing to sustainability and reducing carbon emissions.

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