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RWE, SSE among winners of British offshore wind power auction

Global Banking & Finance Review · last updated
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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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)