UK Aims to Triple Offshore Wind Manufacturing Capacity by 2035

The UK plans to triple offshore wind capacity, create 10,000 jobs annually, and invest £3 billion to transform its wind supply chain, positioning the country as a global leader in this rapidly growing market.

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Trim Correspondents
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UK Aims to Triple Offshore Wind Manufacturing Capacity by 2035

UK Aims to Triple Offshore Wind Manufacturing Capacity by 2035

The UK is positioned to significantly boost its offshore wind industry growth plan, with plans to triple capacity and add 10,000 jobs per year, according to a new Industrial Growth Plan published by The Crown Estate and Crown Estate Scotland. The plan, developed in partnership with RenewableUK and the Offshore Wind Industry Council, aims to mobilize nearly £3 billion in funding to transform the UK's offshore wind supply chain and establish the country as a global leader in this rapidly growing market.

The Industrial Growth Plan identifies key technology areas for investment, including the design and manufacture of offshore wind blades, turbine towers, foundations, cables, and other components. It also highlights the industry's potential to drive innovation and reduce environmental impacts through automation and AI technologies. By 2035, the plan aims to boost the UK's economy by £25 billion while creating an additional 10,000 jobs per year.

A recent report by Oxford Economics and the Manufacturing Technologies Association (MTA) reveals the true impact of manufacturing on the UK economy. The report shows that manufacturing accounts for 23% of total GDP, supports 7.3 million UK jobs, and represents 34.5% of all UK goods and services exports. The median wage in the manufacturing sector is also 11% higher than the national median. The MTA is now calling for a well-integrated commitment from the nation to help industry realize its full potential.

Why this matters:Reviving the UK's manufacturing industry is seen as essential for the country's economic prosperity. The government's efforts to support key sectors like offshore wind, semiconductors, and life sciences aim to boost the UK's resilience in the face of global supply chain disruptions and maintain the country's strong manufacturing productivity growth in recent years.

The Department for Energy Security and Net Zero (DESNZ) also commissioned a study by Baringa to investigate the supply chains for key renewable and network technologies in the UK. The study identified a range of constraints and opportunities across offshore wind, onshore wind, solar PV, and transmission and distribution networks. To address these issues, the report recommends increased collaboration between developers, ports, floating foundation manufacturers, network operators, and suppliers on standardization and aggregating demand.

The UK government has announced that industry has agreed to explore standardization and establish a new UK supply chain council to support the growth of the country's manufacturing sector. In the UK's quest to solidify its standing as a leading manufacturing nation in the modern era, focusing on quality, innovation, and execution will be key to realizing the full potential of industries like offshore wind and driving economic prosperity in the years ahead.

Key Takeaways

  • UK plans to triple offshore wind capacity, add 10,000 jobs per year by 2035.
  • £3 billion in funding to transform UK's offshore wind supply chain and become global leader.
  • Manufacturing accounts for 23% of UK GDP, 7.3 million jobs, and 34.5% of exports.
  • Government aims to boost UK's resilience and manufacturing productivity through key sectors.
  • Industry to explore standardization and establish a UK supply chain council to support growth.