Offshore wind 'will provide a third of United Kingdom electricity by 2030'

Our reaction to Offshore Wind Sector Deal

Government turns up power on offshore wind | Business

To conclude, Floating Offshore Wind Power report focus on Global and regional market, providing information on major players like manufacturers, suppliers, distributors, traders, customers, investors, major types, major applications and etc. Data type include capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export, Industry chain, manufacturing process, cost structure, marketing channel are also analyzed in this report.

The UK government and the industry are committing to long-term certainty in renewable power contracts and investments in infrastructure, respectively, to boost the offshore wind industry in the UK.

A total of $328 million will be invested in the Offshore Wind Growth Partnership to input innovation in existing companies for things like robotics, advanced manufacturing, new materials, and larger turbines.

Claire Perry, energy and clean growth minister, said: "This new Sector Deal will drive a surge in the clean, green offshore wind revolution that is powering homes and businesses across the United Kingdom, bringing investment to coastal communities".

Offshore wind now provides around 7 per cent of British power, but that could increase to more than 30 per cent by the end of the next decade, providing 27,000 jobs in the sector. "This is our modern Industrial Strategy in action".

With the Sector Deal now in place, those exports are set to increase fivefold in value to £2.6 billion a year by 2030.

And there will be more efforts to reduce the cost of offshore wind projects, which have already seen costs halve in just two years, in the 2020s to help move to a subsidy-free system.

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"The sector deal will ensure that even more of these companies win work not only on here, but around the world".

It puts offshore wind at the centre of the nation's clean energy system, generating one-third of our electricity by 2030.

GWEC and the World Bank believe that offshore wind - which has grown rapidly in the past decade, having grown almost five-fold between 2011 and the end of 2018 - is an important opportunity for countries with strong offshore wind resources such as Brazil, Indonesia, India, the Philippines, South Africa, Sri Lanka, and Vietnam.

The Crown Estate will also be releasing new seabed land from 2019 for future offshore wind projects.

John Sauven, executive director of Greenpeace UK, said: 'The Government's plans for a fleet of new nuclear reactors has collapsed.

The cluster is able to deliver every element for building an offshore wind farm, from foundations, design, cables and cable laying to extensive port facilities, Ritchie said, adding that it is also home to a number of companies providing offshore wind O&M support. Over a quarter of engineering construction companies support the renewable energy sector and, as the statutory skills body for the engineering construction industry, we have a crucial role to play in developing the workforce to meet current and future demand.

Well, the government does seem to see potential for continued decarbonization.

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