Offshore Wind Sector Deal a 'coming of age' initiative

Katie Ramirez
March 10, 2019

Offshore wind farms will generate a third of British electricity in a little over a decade, the government claimed on Thursday, as it announced a new deal with industry.

The floating offshore wind power market is anticipated to witness growth in coming years on account of increasing focus on creation of floating offshore wind power infrastructure and technological advancements associated with the same.

The Wind Power Casting market report also provides New Project Feasibility Analysis, Industry Barriers, New Entrants SWOT Analysis and Suggestions on New Project Investment in Wind Power Casting Market.

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

"It would also ensure that offshore oil and gas workers' with the industry standard OPITO qualifications will be allowed to transfer between sectors free from the barriers unilaterally imposed by the Global Wind Organisation".

Leading offshore wind figures expect the joint government-industry blueprint will create a jobs boom in coastal communities and economically deprived regions around the UK.

Yorkshire is home to a hub of activity spanning the lifecycle of offshore wind farms, from the Siemens Gamesa factory at Hull's Alexandra Dock, which next year will begin producing the world's largest single-cast turbine blades for the Hornsea 2 wind farm, 55 miles off the Yorkshire coast; to the corridor of existing and planned wind farms stretching from Dogger Bank and Hornsea down to North Lincolnshire.

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"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.

Keith Anderson, ScottishPower chief executive, said: "ScottishPower is proof that offshore wind works, we've worked tirelessly to bring down costs and, having transitioned to 100% renewable energy, will be building more windfarms to help the United Kingdom shift to a clearer electric economy".

In return, the industry has committed to increase the share of British content in new projects to 60 per cent, from about 48 per cent in recent years. It means the government's latest offshore wind target of 30 gigawatts by 2030 is woefully inadequate.

Floating Offshore Wind Power Market Overview 3.1 Introduction 3.2 Market Size and Demand Forecast until 2023 (in United States dollars billion) 3.3 Recent Trends and Developments 3.4 Government Policies & Regulations 3.5 Investment Opportunities 4. 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.

'Renewable power now presents the best opportunity for cheaper, cleaner and faster decarbonisation.

As part of the country's modern Industrial Strategy, Britain aims to become a global leader in renewable sectors with more investment potential than any other country in the world.

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