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Pump up the volume: bringing down costs and increasing jobs in the offshore wind sector

Given Britain's geographical position and industrial traditions, offshore wind power offers enormous potential, bot... Show more
Given Britain's geographical position and industrial traditions, offshore wind power offers enormous potential, both domestically and as an export sector. However, weak and unclear signals from government on the long-term future of renewable energy mean the UK is at risk of a worst-of-all-worlds outcome: high costs combined with low pay-offs in the form of jobs and trade. Towards the overall objective of creating a 'virtuous circle' for the offshore wind sector in the UK, to promote growth, reduce costs and maximise the benefits in jobs, regional rebalancing and trade, the report highlights six priority areas of action: (1) clear ambition and policy certainty; (2) 'procurement' policy; (3) ministerial activism; (4) critical infrastructure: ports and the grid; (5) innovation; and (6) skills. The report also presents case studies of three countries who have built or are building strong offshore wind sectors: Denmark (the 'early adopter'), Germany (rapid expansion) and France (pro-growth ministerial activism).
Edited excerpts from publisher’s website. Show less

Authors: McNeil, Clare; Rowney, Mark; Straw, Will

Date: 2013

Geographic subjects: Europe; Great Britain; Denmark ... [+] Show more

Resource type: Report, paper or authored book

Subjects: Industry; Finance; Governance ... [+] Show more

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Pump up the volume: bringing down costs and increasing jobs in the offshore wind sector