EnergyWatch

UK launches offshore wind support initiative

At least 650 UK-based companies are expected to benefit from a new 10-year program meant to bolster the domestic sector supply chain and increase local British content in offshore wind farms.

Photo: PR Ørsted

UK trade association Offshore Wind Industry Council (OWIC) is launching a 10-year program initially backed by GBP 100 million aimed at maximizing offshore wind supply chain growth opportunities in the global sector, the organization informs in a press statement.

The initiative is dubbed Offshore Wind Growth Partnership (OWGP) and emanates from a recent sector deal between industry and the UK government. The program seeks to support installation of at least 30 GW in offshore wind capacity up to 2030 as well as to increase the proportion of locally manufactured content from the current 48 percent to 60 percent in the same time frame.

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