UK launches offshore supply chain boost

The Offshore Wind Industry Council is launching a £100m, 10-year programme today that aims to support the growth of 650 UK businesses looking to capitalise on opportunities offered by the sector around the world. The new initiative, the Offshore Wind Growth Partnership (OWGP), is a part of the recent sector deal between industry and government, which will see at least 30GW of offshore wind installed by 2030 up from 8GW now. Another target is to grow local content in UK offshore wind farms to 60% by 2030 from 48% currently. The initiative will be delivered by the Offshore Renewable Energy Catapult, which will provide support to supply chain companies to enable them to grow and to increase their competitiveness. The OGWP is expected to support companies by helping them access the domestic offshore wind sector, as well as creating further opportunities to enter a global market, which is expected to be worth £30bn per year by 2030. It will be governed by an independent board chaired by Martin Whitmarsh, the former McLaren Group chief executive and Formula One team principal. Zoe Barnes, Stephen Burgin, and Richard Turner have also been appointed to the OWGP Board. Offshore Wind Industry Council Chair and Offshore Orsted UK country manager Benj Sykes, said: The offshore wind industry is offering multi-million pound opportunities to hundreds of innovative companies throughout the UK in the years ahead – including new entrants to the market as well as firms already working in this area.

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