One-third of United Kingdom electricity to be wind-generated by 2030

One-third of United Kingdom electricity to be wind-generated by 2030

"The UK Sector Deal will deliver an enormous boost to offshore wind in the UK, with capacity set to nearly quadruple in a decade", WindEurope Director for Public Affairs Iván Pineda said, adding that offshore will become the backbone of the UK's electricity system, provide a third of the UK's power needs by 2030.

Although, offshore wind accounts for marginal 0.2% of the global electricity generation, factors such as technology advancement, policy support, and a maturing supply chain are making offshore wind an increasingly viable option for renewables-based electricity generation.

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.

Renewables share of electricity generation jumped to a record 33.1 percent in Q3 2018, from 30.0 percent in Q3 2017, with renewable electricity capacity at 43.2 GW at the end of the third quarter of 2018, up by 10 percent, or 3.9 GW, compared to a year earlier. Moreover, the report also features other contradictory characters that include import/export details, Wind Turbine Blade supply chain outlines, manufacturing guidelines, Wind Turbine Blade market advancement outlook, consumer volume, business overview and the Wind Turbine Blade industry gross margin.

Offshore wind now provides around 7% of British power, but that could increase to more than 30% by the end of the next decade, providing 27,000 jobs in the sector.

"This transformative sector deal will unlock significant additional investment from the whole industry and put offshore wind at the front and centre of the UK's Industrial Strategy".

Energy UK's chief executive, Lawrence Slade, said: "Today's sector deal, and continued investment from industry, will create a global offshore wind market set to be worth £30 billion a year by 2030 and further cement the UK's position as a world-leader in offshore wind".

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It would mean that, for the first time, more electricity is generated by renewables than fossil fuels, with a predicted 70 per cent of power coming from low-carbon sources by 2030.

George Rafferty, Chief Executive of NOF said: "The sector deal has the potential to attract considerable inward investment to the United Kingdom and in turn generate thousands of jobs in the supply chain".

"We need high employment and safety standards across the offshore energy sector, ensuring that UK law applies and is enforced for all current and future energy workers on the UK Continental Shelf".

Wind Turbine Casting is the casting accessories used in the wind energy systems and equipment. Although 84% of the total offshore wind installations are in the European waters, the governments outside the European region, particularly in the Asia-Pacific and North America have set an ambitious target for the installation of offshore wind farms in their respective territorial waters.

The vote of confidence is expected to unlock an infrastructure investment surge of at least £40bn into offshore wind farms, which are set to mushroom from 13GW to 30GW in a little over a decade.

"Renewable power now presents the best opportunity for cheaper, cleaner and faster decarbonisation".

The UK Government also agreed to hold offshore wind auctions every two years with a support pot of £557 million (€648 million).

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