With growing opportunity, investment and urgency across the offshore wind sector, this is a time for action. Floating offshore wind is a particularly exciting area right now, especially with the new 5GW target for 2030 set out in the Government’s recent Energy Security Strategy. It’s now time for the industry to deliver and this means upscaling projects, accelerating development of new sites and investing for expansion.
The global floating offshore market is already growing rapidly, and the 15GW of ScotWind projects is forging a highly competitive sector, ready to scale up. Though there are many lessons to be learnt and ideas to be applied from other offshore sectors, our ambitions for floating wind mean building an entirely new industry in the UK.
