Free Quote 0333 344 7476
If implemented well, officials have explained that the plan could see more electricity being generated by renewable sources than fossil fuels- for the first time in UK history! 70 per cent will be coming from low-carbon sources.
Currently, the UK’s energy is around 30% renewable (April-June 2017), and offshore wind provides around 7% of that figure, but this is expected to rise to 10% within the next year, and 30% for wind alone before the next decade finishes.
ScottishPower, which has committed to 100% green energy, was among companies to confirm involvement in this deal, which is looking to be a momentous statement in the race to cut fossil fuels out completely.
The ‘big six’ energy firm, which has the bulk of its offshore wind interests off the East Anglia coast, expects to have made a £6bn investment by 2022.
“This new sector deal will drive a surge in the clean, green offshore wind revolution that is powering homes and businesses across the UK, bringing investment into coastal communities and ensuring we maintain our position as global leaders in this growing sector,” said energy minister Claire Perry.
The deal is set to:
· Increase the target for the amount of UK content in homegrown offshore wind projects to 60%, ensuring that “the £557 million pledged by the government in July 2018 for further clean power auctions over the next ten years will directly benefit local communities from Wick to the Isle of Wight.”
· Reduce the cost of offshore wind projects – which have already been halved in the past two years – to help move to a subsidy-free system.
· Introduce a new £250 million Offshore Wind Growth Partnership to develop the UK supply chain, as global exports are set to increase fivefold to £2.6 billion by 2030.
· Boost global exports fivefold to £2.6 billion per year by 2030.
· Provide more than £4m for British businesses to help countries such as Indonesia and Pakistan move from coal power to offshore wind projects.
· Cut the cost of projects in the 2020s and overall system costs, “so projects commissioning in 2030 will cost consumers less as we move towards a subsidy free world.”
· See the Crown Estate & Crown Estate Scotland release new seabed land from 2019 for new offshore wind developments.
In terms of economic gain, the government’s official site have posted that the deal is looking to:
· Achieve at least 33% women in the total offshore wind workforce by 2030
· Triple highly-skilled jobs to 27,000 by 2030 through a new skills package for offshore wind employees
· Become a global leader in renewables with more investment potential than any other country in the world as part of the modern Industrial Strategy
“The move to a cleaner, greener economy is outlined in our modern Industrial Strategy as one of the greatest economic opportunities of our time,” said Energy and Clean Growth Minister Claire Perry. “Working with the offshore wind industry, I want to ensure that women and young people benefit from this sea-change.
Energy UK’s chief executive, Lawrence Slade, has said that the deal should hopefully “further cement the UK’s position as a world-leader in offshore wind”.
“The offshore wind industry has been a great success story for the UK, bringing thousands of skilled jobs and billions in investment while delivering clean energy at an ever-falling cost to customers.”
Industry body RenewableUK said the deal was about creating new opportunities for the wide group of demographics looking to get into this sector.
However, with this leap of faith, there is always uncertainty. John Sauven, executive director of Greenpeace UK, has said that there may be some work needed to be fully self-sustainable without fossil fuels.
“The government’s plans for a fleet of new nuclear reactors has collapsed. This leaves Britain with a big energy gap in the future.
“It means the government’s latest offshore wind target of 30 gigawatts by 2030 is woefully inadequate.
“Renewable power now presents the best opportunity for cheaper, cleaner and faster decarbonisation.
“Wind and solar must be tripled between now and 2030, with offshore wind the future backbone of the UK’s energy system.”
Offshore wind has become an increasingly attractive form of power, as costs have gradually decreased over time. The cost of new offshore wind contracts has dropped by more than 50% over the last two years, and it doesn’t look like slowing down.
Here’s to a new, greener UK.
We here at BusinessCostComparison filter carefully through our list of 20+ suppliers, and find the best deal for you.
We go the extra mile to make your switch quick, easy and convenient. We’ve cut any unnecessary details out of our form, and we contact you directly, so you don’t have to worry about a thing.
Our customer service team are always one call away, and are always ready to answer any questions you may have during the process.
During the switch, the company can also run as normal, because your new provider contacts the old one to make it fast and easy for everyone involved, especially you.
You can visit our website without informing us who you are or revealing any information about yourself. However, if you give us any personal information about yourself or others to get more information or for us to contact you we promise to treat it securely, fairly and lawfully. We are committed to protecting your privacy. We may use personal information you provide for the purpose of providing more relevant content to you. We do not sell or share your data at any time. We may send you e-mails but you can always opt out at any time.
Some cookies are deleted when you close down your browser. These are known as session cookies. Others remain on your device until they expire or you delete them from your cache. These are known as persistent cookies and enable us to remember things about you as a returning visitor. To find out more about cookies, including how to see what cookies have been set and how to manage and delete them, visit www.allaboutcookies.org
The following is strictly necessary in the operation of our website.
This Website Will:
The following are not Strictly Necessary, but are required to provide you with the best user experience and also to tell us which pages you find most interesting (anonymously).
This Website Will:
This Website Will:
This website will not