UK Offshore Wind To Provide A Third Of Country’s Electricity By 2030

The United Kingdom has finally announced the launch of its much-anticipated Offshore Wind Sector Deal, which will see the country’s offshore industry invest at least £250 million so as to ensure offshore wind generates more than 30% of the country’s electricity by 2030. As is discussed here, the UK Government has been in talks with the country’s offshore wind industry over the creation of a Sector Deal — “Partnerships between the government and industry on sector-specific issues can create significant opportunities to boost productivity, employment, innovation, and skills” in support of the country’s Industrial Strategy which was implemented to reduce costs, increase productivity, decarbonize the UK economy, and grow a skilled workforce.