RenewableUK, the Offshore Wind Industry Council, The Crown Estate, and Crown Estate Scotland have released an Industrial Growth Plan (IGP) outlining strategies to triple offshore wind manufacturing capacity over the next decade.
The UK offshore wind sector, already employing 32,000 individuals, is projected to exceed 100,000 jobs by 2030. Implementation of the IGP could add 10,000 jobs annually and boost the UK economy by £25 billion by 2035, contingent upon accelerated offshore wind deployment aligning with net-zero objectives, reaching 5-6GW annually.
The IGP identifies crucial new factories and manufacturing capabilities to mitigate supply chain risks and spur economic development. Five key technology areas are earmarked for investment, prioritising the design and production of offshore wind components such as blades, turbine towers, foundations, cables, and services for both domestic and international projects.
Additionally, the Growth Plan underscores the industry's potential to drive technology innovation, enhance deployment rates, and reduce environmental footprints through automation and AI integration. Plans include expanding testing facilities for new technologies like blade materials and floating offshore wind platforms, with a focus on Research and Development at potential new Advanced Technology Institute and National Innovation Hub, complementing the UK's Catapult network.
The plan envisages leveraging nearly £3 billion in nationwide funding, with private finance playing a significant role. This investment is projected to yield an economic return of nearly £9 for every £1 invested.
Moving forward, the industry will advance proposals for establishing an IGP Delivery Body in collaboration with key partners. This body will oversee the governance and implementation of the IGP, ensuring optimal utilisation of industry funding, the Government’s Green Industry Growth Accelerator (GIGA) fund, The Crown Estate’s Supply Chain Accelerator, Scottish Government funding, and other resources. To meet the IGP's ambitions, the Delivery Body is targeted for establishment by year-end.
