Labour has branded the results of the Contracts for Difference round an “energy security disaster” for the UK.
Shadow Energy Security Ed Miliband said the AR5 outcome is a “£1bn Tory bombshell that will push bills up for hardworking families”.
“The Conservatives have now trashed the industry that was meant to be the crown jewels of the British energy system – blocking the cheap, clean, homegrown power we need.
“Ministers were warned time and again that this would happen, but they did not listen. They simply don’t understand how to deliver the green sprint, and Rishi Sunak’s government is too weak and divided to deliver the clean power Britain needs.
“This is just the latest episode in the Tories’ 13 years of failed energy policy: they broke the onshore wind market, they undermined the solar industry, and they caused chaos with botched home insulation. Every family and business are paying the price for these failures in higher energy bills, and our country remains exposed.”