INDUSTRIAL GROWTH PLAN IN PLACE FOR UK OFFSHORE WIND!Industry News
RenewableUK, The Crown Estate & Crown Estate Scotland are developing a NEW industrial growth plan (IGP) to support long-term growth of offshore wind across the UK.
The IGP will continue to expand the recent Supply Chain Analysis which outlined a £92bn opportunity that will be granted if the UK can develop its capacity and expertise in a number of key areas. This will be done by setting priorities and programmes in support of the growing global marketing, helping to meet innovation needs and close supply gaps that put sustainability targets at risk.
RenewableUK Chief Executive, Dan McGrail said: “The UK has a solid foundation on which to build a globally competitive supply chain but we’re battling headwinds from high inflation, investment challenges and increased ambition from competitor nations.
That’s why this is the right time to take a more strategic approach that defines our position and the unique value offering the UK can bring to the international supply chain and meet our domestic targets. The Industrial Growth Plan will set out strategies for capturing value across the lifecycle and steer investment into critical areas to grow the economy and secure our energy future”.
Having a plan in place urging the British industry to take advantage of and deliver the pipeline of domestic projects will help to meet London’s offshore wind and energy security targets, whilst creating new jobs, growth, and net zero for everyone.
To find out more about the Industrial Growth Plan, head over to RenewableUK for more information.