Renewables to produce more power than fossil fuels by 2030 - United Kingdom government

Eloise Marshall
March 10, 2019

"The UK Sector Deal will deliver an enormous boost to offshore wind in the UK, with capacity set to nearly quadruple in a decade", WindEurope Director for Public Affairs Iván Pineda said, adding that offshore will become the backbone of the UK's electricity system, provide a third of the UK's power needs by 2030.

The new initiative "will drive a surge in the clean, green offshore wind revolution. bringing investment into coastal communities and ensuring we maintain our position as global leaders in this growing sector", Claire Perry, Britain's energy and clean growth minister, said in a statement.

"The sector deal will ensure that even more of these companies win work not only on here, but around the world". "It means the Government's latest offshore wind target of 30 gigawatts by 2030 is woefully inadequate".

"This transformative sector deal will unlock significant additional investment from the whole industry and put offshore wind at the front and centre of the UK's Industrial Strategy".

Benj Sykes, UK country manager for Danish offshore wind power company Ørsted, said: "This relentlessly innovative sector is revitalising parts of the country which have never seen opportunities like this for years, especially coastal communities from Wick in northern Scotland to the Isle of Wight, and from Barrow-in-Furness to the Humber".

Essentially a contract between the sector and governments encompassing commitments (by the industry to invest £250m in the Offshore Wind Growth Partnership and by the Government to fulfil its already promised but gradual clean power auctions feeding £557m over a 10 year period) and ambitious targets (30GW offshore wind built by 2030 representing 30% of British electricity generation) but predicated upon lowering costs to the consumer.

ScottishPower chief executive Keith Anderson said: "We have a fantastic supply chain already in place in the United Kingdom, from businesses in and around East Anglia to across England, across Scotland as well as Northern Ireland". The research report analyzes the historical as well as present performance of the global Floating Offshore Wind Power market history year data from 2014 to 2019 and forecast 2019-2025, and makes predictions on the future status of Floating Offshore Wind Power market on the basis of this analysis.

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Key Strategic Developments - The study also includes the key strategic developments of the Offshore Wind Cable market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, Global and regional growth of the leading competitors operating in the market on a global and regional scale.

And industry-body RenewableUK said the deal was about creating opportunities for the people who would be part of the 27,000 workforce.

Justin Bowden, GMB National Secretary, said: "Trade unions are all about jobs, so any initiative that leads to more work, particularly for women who are now underrepresented in the energy sector, is welcome".

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

The offshore wind industry has grown almost five-fold since 2011, with 23 gigawatts installed at the end of 2018 and a large volume of planned projects in Europe, China and the United States.

"Renewable power now presents the best opportunity for cheaper, cleaner and faster decarbonisation", executive director John Sauven said. "Wind and solar must be tripled between now and 2030, with offshore wind the future backbone of the UK's energy system".

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