Offshore Wind to Provide 30% of UK's Power

Floating Offshore Wind Power

Floating Offshore Wind Power

The government also hopes the deal will cement Britain's leading position in the technology and has set a target of boosting exports in the sector fivefold to £2.6bn a year.

"Whilst there's no doubt the offshore oil & gas industry witnessed significant redundancies over the past few years, the introduction of greater offshore engineering opportunities, not just through renewables but also through the general "blue economy", will mean that the engineering professional of the future will be more likely to develop transferable skills that can adapted to nearly any offshore engineering project", he added.

Clean, green offshore wind is set to power more than 30% of British electricity by 2030, Energy and Clean Growth Minister Claire Perry announced yesterday (7 March 2018) with the launch of the new joint government-industry Offshore Wind Sector Deal.

He said continued investment in improving technology, mitigating downtime and maximising efficiency will be a key priority and the sector now has the "shot in the arm" it needs to accelerate progress in these areas.

Energi Coast, North East England's offshore wind cluster, has declared the region's supply chain "fit and ready" to support the growth of the industry following the announcement of the Sector Deal for the offshore wind industry.

The offshore wind "revolution" will mean nearly a third of homes and businesses will be powered by offshore wind, and more than two thirds by low-carbon sources including.

The report studies the market for Floating Offshore Wind Power across the globe taking the existing industry chain, the import and export statistics in Floating Offshore Wind Power market & dynamics of demand and supply of Floating Offshore Wind Power into consideration.

Lakers forward Brandon Ingram likely to miss rest of season
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The sector will deliver total infrastructure investments of over US$52.5 billion (£40 billion) by 2030, based on the sector's estimates, according to the deal.

Greenpeace said the 30 per cent target was too low, especially with problems in the nuclear industry.

But Greenpeace said that renewables needed to be scaled up even more.

The Chief Executive of RenewableUK, Hugh McNeal, said: "The Sector Deal is about creating opportunities for the people who will be part of our 27,000-strong offshore wind workforce".

"The sector deal has the potential to attract considerable inward investment to the United Kingdom and in turn generate thousands of jobs in the supply chain", said George Rafferty, Chief Executive of NOF, which founded Energi Coast in 2011.

The program will convene developing country governments, commercial developers, development partners, and wind energy experts to raise awareness around offshore wind opportunities in emerging markets and lay the groundwork for a pipeline of new projects that could be supported by World Bank or IFC financing. "We also strongly support the commitment to boosting diversity and will continue to play our part in helping industry attract more women and BAME groups to pursue careers in this exciting sector". It also has extensive port facilities and is home to a number of companies providing Operation & Maintenance support offshore wind farms.

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