Government reveals long-term wind industry strategy

Government reveals long-term wind industry strategy

The government has revealed a brand new long-term strategy that it hopes will make the UK an even stronger factor in the offshore wind industry. Westminster has teamed up with businesses in the sector to deliver an outlook for the coming years that focuses on growing the country's presence in this market. The government has suggested the multi-million pound investment it will make in offshore wind generation could lead to a £7 billion boom for the British economy by 2020. Several sums will be handed over from various government bodies to back this movement. For instance, the Regional Growth Fund has agreed to stump up £20 million to support the improvement of the nation's wind industry supply chain, while a further £46 million will be paid to link innovation between the government, the industry and academia. Nick Clegg, deputy prime minister, joined energy secretary Ed Davey this week to officially launch the strategy. They did so at the opening of a new wind farm off the coast of Lincolnshire. Mr Clegg said: "The race is now on to lead the world in clean, green energy. As an island nation, and with our weather, the UK is ideally placed to make the most of offshore wind energy - you could say it was a technology designed for us. "This strategy will help keep Britain as the world leader in one of the most important industries of the 21st century." As well as making the country money and supporting a cleaner, greener generation of energy in the UK, the country's employment market stands to gain from the move. That is because the government believes the wind energy industry has the potential to create about 20,000 energy jobs. There will also be changes to the way new wind farms are developed in the UK, with the government detailing the need for those above a certain size to first submit a supply chain plan before they are able to attain a Contract for Difference.

Please rate

Comments 

Ctrl + Enter

Most Read

Are we seeing a decline in the UK Construction Industry?

Are we seeing a decline in the UK Construction Industry?

After recent events in the UK political scene, many have forecasted a decline in the economic performance of the UK industry starting in 2017. Are the March figures demonstrating this yet? Anglo studies some of the most reliable industry reports from IHS Markit in an attempt to answer this critical

How to attract women into engineering?

How to attract women into engineering?

In celebration of the International Women’s Day, Anglo Technical has decided to make a quick overview of the position of women in the workplace and in engineering, in the UK and worldwide.   Over the past few decades, women have proven they are able to engage in lots of activities that

IR35 is coming

IR35 is coming

On Thursday 6th of April 2017, new UK Government IR35 legislation finally kicks in for Public Sector LTD company contractors or as HMRC like to call it “Personal Service Company (PSC)” contractors.   It has already caused a shift in the amount of LTD company contractors currently

This website uses cookies to enhance your user experience. By continuing to use this site, you consent to our use of these cookies. See our Cookie Policy.