A third of British electricity could be generated by offshore wind farms by 2030, the government has said as it unveils a new deal with the industry.
They now meet around 7 per cent of our power needs but that should increase to more than 30 per cent within a decade.
Benj Sykes, UK country manager for Danish offshore wind power company Ørsted, said: "This relentlessly innovative sector is revitalising parts of the country which have never seen opportunities like this for years, especially coastal communities from Wick in northern Scotland to the Isle of Wight, and from Barrow-in-Furness to the Humber".
Offshore wind now provides around 7 per cent of British power, but that could increase to more than 30 per cent by the end of the next decade, providing 27,000 jobs in the sector. "This is our modern Industrial Strategy in action", Perry noted.
MHI Vestas vice president Julian Brown said: "Our recent investment on the Isle of Wight is already delivering on the sector deal ambitions, creating almost 400 new highly skilled jobs in 2019, exporting over three quarters of our 2019 output and investing £1m in a four-year skills programme".
The deal will also increase the target for "homegrown" offshore wind projects to 60%, to ensure local communities benefit from the UK's 7,000 miles of coastline, as well as drive a new £250 million Offshore Wind Growth Partnership to make sure United Kingdom companies in regions like the North East, East Anglia, Humber and the Solent remain domestically and internationally competitive.More news: Kelly Released From Jail After Paying Child Support
More news: Nintendo announces Nintendo Labo 'VR Kit'
More news: LK Bennett enters into administration
Reduce the cost of projects in the 2020s and overall system costs, so projects commissioning in 2030 will cost consumers less as we move towards a subsidy free world.
James Ritchie, Chairman of Energi Coast and CEO of Tekmar Group plc, said: "The Sector Deal for the offshore wind industry is a significant step forward in creating a sustainable industry and providing real value creation to our local supply chain, which is fit and ready to serve our growing sector". We're setting up a new body to develop the right skills for years to come, not only by offering apprenticeships, but also by helping experienced people from other parts of the energy sector, as well as the military, to make the change into offshore wind.
Alongside the deal, the Government will provide more than £4 million for British businesses to share expertise globally and open new markets through a programme to help countries such as Indonesia and Pakistan avoid coal power and develop their own offshore wind projects.
New Report on Floating Offshore Wind Power Market (2019) offers complete outlook of market along with the impact of various Factors influencing the market growth and drivers. It means the Government's latest offshore wind target of 30 gigawatts by 2030 is woefully inadequate.
Scottish Energy Minister Paul Wheelhouse said: "Offshore wind has a key role to play in achieving our ambitious energy targets and delivering a low-carbon energy system".
Well, the government does seem to see potential for continued decarbonization.