Now is the right time to set an industrial strategy for offshore wind

14 October 2024 - RenewableUK press release

Commenting on the publication of the Government’s consultation “Invest 2035: the UK’s modern industrial strategy”, on the day of the International Investment Summit in London, RenewableUK's Head of Supply Chain Ajai Ahluwalia said:

“With the UK taking a leading role in developing offshore wind, including new floating wind projects, now is the right time to set an industrial strategy for the sector to maximise the industrial benefits and employment opportunities which can be created by attracting billions of pounds in private investment to this country. 

"The Government couldn’t find a more willing partner than the offshore wind sector. We set out an Industrial Growth Plan for offshore wind earlier this year, identifying specific areas within the supply chain in which the UK can secure new investment and be globally competitive, such as cables, blades and floating platforms. A focus on these areas could unlock £25 billion in economic activity by 2035, predominantly in our coastal communities which have struggled to secure investment in recent decades.”

(ends)

Notes

For further information, contact

Robert Norris, Head of Communications
07969 229 913 Robert.Norris@RenewableUK.com

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