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<p>On 6 March 2024, the Government confirmed over £1 billion of budget will be available
in the Contracts for Difference Allocation Round 6 auction, including £800 million
allocated to offshore wind. This followed the announcement in November that the administrative
strike prices for fixed and floating offshore wind had been increased by 66% and over
5 0% respectively, since the previous allocation round. This budget announcement makes
this the largest round yet, with four times more budget available to offshore wind
than in the previous round.</p>
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