RenewableUK, the Offshore Wind Industry Council, The Crown Estate and Crown Estate Scotland have published a detailed Industrial Growth Plan, setting out how to triple offshore wind manufacturing capacity over the next ten years, firmly establishing the UK as a leader in a surging global market.
The UK offshore wind industry already employs 32,000 people and each new large offshore wind farm adds £2-3bn to the economy. Employment is set to rise to over 100,000 by 2030 and investment in new offshore wind projects will create an economic opportunity worth up to £92bn for the UK by 2040.
The measures set out in the Industrial Growth Plan (IGP) would support an additional 10,000 jobs a year and boost the UK’s economy by a further £25 billion between now and 2035, if we accelerate offshore wind deployment in line with our net zero targets to 5-6 gigawatts a year. The UK has the second largest global pipeline of offshore wind projects at all stages of development at nearly 100GW – more than six times our current capacity.
The Industrial Growth Plan is available here in full.
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