Offshore wind: the next generation - RenewableUK welcomes new auction round
11 October 2017
Posted by: RenewableUK
RenewableUK is welcoming the Government’s announcement that the next round of auctions to provide clean power from new offshore wind farms will be held in spring 2019.
The Minister for Energy and Industry, Richard Harrington, has announced that renewable energy projects will be able to compete for contracts worth up to £557m.
RenewableUK’s Chief Executive Hugh McNeal said: “This announcement secures cheap, home-grown, clean energy for the UK. Greg Clark’s department is helping to build a world-leading offshore wind industry which can power a clean industrial revolution, creating new jobs and attracting billions of new investment.
“Last month we saw a record 50% drop in the cost of offshore wind. This amazing cost reduction is a reminder of what innovative industry can deliver when backed by competitive auctions. Onshore wind is the cheapest form of new power generation, and it would be exciting to see what projects in the right places could deliver for UK consumers.
“The Government’s investment and long-term strategy for offshore wind is delivering great economic benefits all around the country. Now we need the Government to show the same level of commitment to our cutting-edge wave and tidal energy industries. Innovative floating offshore wind technology also offers new opportunities. Ministers should send a clear signal that they understand the many ways our island nation can tap the enormous and diverse energy resources in our seas, and export these industries globally”.
RenewableUK is eagerly awaiting the publication of the Government’s Clean Growth Strategy, which will be unveiled shortly by the Minister for Climate Change and Industry Claire Perry MP.
Mr McNeal said: “The UK has made great progress in reducing our emissions by setting long term goals and investing to deliver. As Minister for Climate Change and Industry, Claire Perry has signalled her intention to keep the UK as a world leader in decarbonisation to grow our economy. We hope that the Clean Growth Strategy will be a bold blueprint for boosting jobs and investing in new technologies”.
For further information, please contact:
· Robert Norris, Head of Communications, 0207 901 3013 or 07969 229913 Robert.Norris@RenewableUK.com
· Adam Wentworth, Communications Executive, 0207 901 3038 or 07791 702702 Adam.Wentworth@RenewableUK.com
Notes: More details on the next round of offshore wind auctions are on the BEIS website