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The UK Government has secured 8.4 GW of offshore wind capacity through Contracts for Difference AR7, enough to power 12 million homes at an average cost of £90.91 per MWh, significantly lower than gas generation costs. This auction is expected to attract £22 billion in private investment and create 7,000 jobs, featuring major projects like Dogger Bank South and Norfolk Vanguard. With over 29 GW of operational wind capacity, the UK anticipates a doubling of demand by 2050.