Prime Minister Keir Starmer, at the COP World Leaders Summit, announced a new strategy to incentivise offshore wind developers to invest in the UK's industrial heartlands, coastal areas, and oil and gas communities.
The Clean Industry Bonus will provide £27 million per gigawatt of offshore wind projects, potentially reaching £200 million if 7GW to 8GW apply. This initiative aims to foster cleaner energy industries, promote private investment, and create sustainable jobs across Scotland, Wales, the North East, and North West.