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<p>The Government announced £730m of support for offshore wind and other less established
renewable electricity generation technologies in Budget 2016. This funding will go
towards projects beginning from 2021 onwards, which will receive a share of this annual
budget for the duration of their 15-year contracts.</p><p>Allocation of the first
tranche of this support, totalling £290m, began in November last year and projects
receiving this support will be announced later this year. The remainder of the support
is expected to be allocated before 2020.</p>
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