Wind Energy is the biggest single contributor to the UK renewable energy pipeline. Over 11 GW of on-shore capacity is in planning, consented, or under construction while the offshore wind pipeline is currently near 6 GW and is expected to grow to take advantage of the substantial wind energy resource available in UK waters.
On this page you can read more about the actions the UK government is taking to secure investment in Wind energy including making money available to assist the development of key ports and logistics sites, taking action on unit energy costs and supporting grid development and expansion.
The UK is the global leader for offshore wind energy. The Renewables Roadmap, published by DECC and updated in December 2012, stated that 18GW of installed capacity was achievable by 2020 provided costs come down to £100/MWh. To deliver a lower cost offshore wind industry, the UK supply chain will need to increase its capability and capacity. Inward investment is key to this.
The Offshore Wind Investment Organisation (OWIO) will have a specific focus on attracting inward investors in the top tiers of the supply chain to set up in the UK, in order to open up opportunities for the deeper supply chain already here. It will take strategic direction from the Offshore Wind Industry Council, and it will co-ordinate its activities with existing bodies, complementing the UK government departments of BIS and DECC and delivery of Government-wide offshore investment objectives.
UKTI is at the early stages of forming the OWIO but identifying and engaging the right leader is a crucial step in this process. Government is looking for a senior industry figure with strong credibility and extensive UK and international networks.
At an operational level, UKTI expects the OWIO to focus on a number of key globally competitive sub-sectors, such as blades, cables and sub-sea structures. It will be the first port of call for international investors looking to enter the UK market.
UKTI are aiming for the OWIO to be operational in the Autumn.
Building offshore wind in England
Businesses have several important criteria when assessing new countries to locate to or expand in. Choosing England as a location provides access to hundreds of years of world leading technology, research & development (R&D) and engineering excellence. England has attracted key players in the offshore wind market and is looking to build its supply chain to service projects in UK and European waters.
Download our brochure which provides details of the six Centres for Offshore Renewable Engineering (COREs) in England identified as having optimum conditions for the offshore wind industry with the land, infrastructure, skills and supply chain expertise required to take advantage of the world’s largest engineering opportunity.
Ensuring long term investment certainty
The UK Government is putting measures in place to secure the investment needed in the UKs wind energy sector. The Department for Energy and Climate Change is providing £60m to support setting up offshore wind manufacturing port sites in assisted areas of England. The Scottish government has provided £70m for a similar scheme in Scotland. In addition the UK government has set up an industry task force and action plan to reduce the levelised costs of offshore wind to £100 per megawatt hour by 2020.
The government is putting in place a transparent framework that will ensure a managed transition from the Renewables Obligation, including bringing forward the Banding Review, to secure the 22 GW of renewable electricity capacity currently in the pipeline as well as bring forward additional projects.
The construction of an offshore grid is critical for the deployment of offshore wind and also for future deployment of wave and tidal energy. The UK Government is taking action to reform the onshore grid and establish the framework offshore necessary to deploy the levels of renewable electricity necessary for 2020.
Other UK government actions will; Promote Innovation to reduce costs, develop the supply chain, minimise investment risk, improve access to finance, ensure cost-effective grid investment and connection and ensure efficient planning and consent processes are in place.
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Countries: United Kingdom