Growing the UK’s supply chain for offshore wind represents a GBP 92 billion (approximately EUR 106 billion) opportunity to boost the UK’s economy by 2040, according to a report by the Offshore Wind Industry Council (OWIC) and the Offshore Wind Growth Partnership (OWGP). The report, titled “Supply Ch
The global floating offshore wind project pipeline has grown significantly in the last twelve months in terms of capacity from 185 a year ago to 244 GW now, which represents a 32 per cent increase, according to a new report published by RenewableUK. The pipeline includes projects at any stage: fully
The UK’s pipeline of offshore wind projects has reached 97,944 MW, up from 91,287 MW a year ago, while the global pipeline topped 1.23 TW, an increase of nearly 400 GW in the last year, according to RenewableUK’s latest EnergyPulse market intelligence data report. The pipeline includes projects at e
Energy UK has warned that the forthcoming Contracts for Difference (CfD) auction will fall well short of delivering the expansion of offshore wind needed to hit the UK government’s 2030 50 GW target. The CfD scheme has played a vital role in the UK’s world-leading expansion of clean energy, in parti
