UK offshore wind power capacity must increase by 265% to meet the government's 2030 goal of 50 GW, according to ABB, a global technology firm.
ABB's analysis highlights the need for an additional 24 wind farms with an average capacity of 1.5 GW to be operational within the next seven years. Achieving this target would allow offshore wind to generate 62% of the UK's electricity supply, powering every home in the country and providing surplus energy for export to neighboring nations. ABB emphasizes the importance of reducing costs, expediting planning processes, securing the supply chain, and upgrading network infrastructure to support the significant growth in power flows and grid connections.
The UK's offshore wind sector has already made remarkable progress, with wind power accounting for nearly a third (32.4%) of the country's total electricity generation, surpassing gas for the first time. Moreover, it is currently more than 50% cheaper than electricity produced from gas. The sector's expansion is projected to create over 66,000 additional jobs by 2030. The UK government's net zero plan, Powering Up Britain, aims to accelerate offshore wind deployment, enhance energy security, reduce household bills, and maintain the country's leadership in achieving net zero. The plan includes £160 million in funding to kick-start the necessary infrastructure investment for the expansion of floating offshore wind farms, further reinforcing the nation's commitment to renewable energy sources.
Source: ABB