News article
£100m Initiative to Help UK Firms Capitalise on Offshore Wind Market
24/06/2019
A £100 million scheme, designed to help businesses maximise opportunities in the offshore wind supply chain, has been announced by the UK Offshore Wind Industry Council.
The UK is said to be well suited to exploiting wind power, with turbines having been erected in over 30 locations. However, it is widely accepted that the sector has produced too few jobs. By 2030, the offshore wind power market is expected to be worth £30 billion per year, with the UK generating a third of its electricity from wind.