Plans to develop a new industrial growth plan to boost long-term expansion of the UK offshore wind sector are underway.
Such a plan was a key recommendation of the final report by the Offshore Wind Champion, Tim Pick, who called for a “sober and thorough strategic competency analysis” of the UK’s comparative advantages and opportunities.
The plan, expected to be published in early 2024, will be used to guide future investment as the UK seeks to build up its domestic clean energy supply chain in the face of increasing global competition.
RenewableUK, the Offshore Wind Industry Council, The Crown Estate & Crown Estate Scotland are involved in the project, supported by KPMG.
RenewableUK CEO 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.”