Renewables To Overtake Fossil Fuels In UK Power Generation By 2030

Renewables To Overtake Fossil Fuels In UK Power Generation By 2030

Renewables To Overtake Fossil Fuels In UK Power Generation By 2030

They now meet around 7 per cent of our power needs but that should increase to more than 30 per cent within a decade.

Specifically, the Global Wind Energy Council (GWEC) will coordinate with the World Bank Group's Energy Sector Management Assistance Program (ESMAP) and the International Finance Corporation (IFC) on efforts to accelerate the uptake of offshore wind in emerging markets by helping countries assess their offshore wind potential and providing technical assistance to help develop a growing pipeline of projects that are ready for investment by renewable energy developers.

It is hoped the green power "revolution" will be helped by a new deal between the Government and industry to develop the supply chain and boost global exports.

Energy and Clean Growth Minister Claire Perry said: 'This new sector deal will drive a surge in the clean, green offshore wind revolution that is powering homes and businesses across the United Kingdom, bringing investment into coastal communities and ensuring we maintain our position as global leaders in this growing sector.

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The Department for Business, Energy and Industrial Strategy (BEIS) said the deal could result in the number of jobs in offshore wind tripling to 27,000 by 2030, boosting the economies of coastal communities near major projects.

This is the tenth Sector Deal from the modern Industrial Strategy signed by Business Secretary Greg Clark.

John Sauven, the executive director of Greenpeace UK, said: "The government's plans for a fleet of new nuclear reactors has collapsed".

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.

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"An ambition of at least 30GW of offshore wind capacity is a fantastic start and we believe that we can go further and should aim to build as many offshore wind projects that are needed to help deliver decarbonisation".

The deal will involve the release of seabed land owned by the Crown Estate, which manages the Queen's property and assets.

The North East has been instrumental in the development of the offshore wind industry since its inception and developed a diverse cluster of innovative, technology-led suppliers.

"The sector deal will ensure that even more of these companies win work not only on here, but around the world". The research report analyzes the historical as well as present performance of the global Floating Offshore Wind Power market history year data from 2014 to 2019 and forecast 2019-2025, and makes predictions on the future status of Floating Offshore Wind Power market on the basis of this analysis. 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.

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Additionally, it "will look to seize on the opportunities presented by the UK's 7,000 miles of coastline, as the industry continues to be a coastal catalyst for numerous UK's former fishing villages and ports", the government statement said.

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