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UK Budget Unpacked: Offshore Wind, CFDs and Consumer Bills

In this episode of PowerPod, host Dan Wiseman is joined by Jordan May to examine the latest UK Budget and its implications for renewable energy goals, with a particular focus on offshore wind.They break down the key energy-related measures, including changes to standing charges and levies, the plan to shift some policy costs from consumer bills towards general taxation, the insistence that renewables should only receive subsidy if they help lower bills, and the announcement of a new energy wealth fund. The discussion explores the uncertainty surrounding how Contracts for Difference will be…

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