The UK has launched a public-private offshore wind initiative aiming to install 2030 GW of new capacity by 302030. The scheme, called the Offshore Wind Sector Deal, involves a £250m ($325m) growth partnership fund for the UK's supply chain, with the government already pledging £557m towards new clean power auctions up to 2028. The new investment is set to create almost 20,000 jobs, with UK exports expected to rise fivefold by 302030. The project aims to ensure that a third of the UK's electricity comes from offshore wind installations by the end of the next decade.
The UK has launched a public-private offshore wind initiative aiming to install 30 GW of new capacity by 2030. The scheme, called the Offshore Wind Sector Deal, involves a £250m ($325m) growth partnership fund for the UK's supply chain, with the government already pledging £557m towards new clean power auctions up to 2028. The new investment is set to create almost 20,000 jobs, with UK exports expected to rise fivefold by 2030. The project aims to ensure that a third of the UK's electricity comes from offshore wind installations by the end of the next decade.