UK still largest offshore wind market in the world

The UK has retained the top spot as the largest offshore wind market in the world, according to a new report.

The Offshore Wind Project Intelligence report by RenewableUK shows the UK has the largest national portfolio in the world with 35.2GW, followed by Germany (23.4GW) and Taiwan (8.3GW).

And according to the trade body, the latest figures do not include possible extensions of existing wind farms totalling nearly 3GW recently announced by the Crown Estate, which could push the UK even further ahead when they are confirmed next summer.

The British offshore wind industry recently announced details of its 2030 vision for the sector which would see 30GW of operational capacity installed by the end of the next decade, providing 30% of UK power needs.

The sector is currently working with the Government on a Sector Deal to secure this, as part of the Industrial Strategy.

“Our industry is already delivering for the UK and we want to go further, with offshore wind as the backbone of a clean, reliable and affordable energy system,” said RenewableUK’s chief executive, Hugh McNeal.

“To achieve this ambition, the industry will invest tens of billions of pounds, creating thousands of skilled jobs and supporting prosperous communities across the UK.

“Offshore wind is a global growth opportunity and a major energy source,” added McNeal.

“The sector will be worth over £30bn worldwide by 2030 and UK companies must be ready to seize opportunities in new markets. We are transforming the UK supply chain, as we grow our exports five-fold by 2030.”

And ScottishPower Renewables’ offshore wind managing director, Jonathan Cole, commented:“The UK continues to lead the world in offshore wind, and the industry here is in a strong position to capitalise on export opportunities in growing markets across the globe. We have the skills, knowledge and expertise that other markets need.”