GOVERNMENT PLANS TO MAKE UK THE WORLD LEADER IN WIND ENERGY
Boris Johnson has announced plans to invest in clean wind energy in the first stage of the Government’s ten–point plan for a green industrial revolution, which will be released in full later this year.Â
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The Government will invest £160 million in increasing our offshore wind capacity, which is already the largest in the world. Offshore wind energy currently provides for around 10% of the UK’s total energy demand, but these new plans include a new target for offshore wind to provide 40GW of energy per year by 2030 (which is more than enough energy to power every home in the country). The Government has also put new targets in place for floating offshore wind, which will provide 1GW by 2030, and to double the capacity of offshore wind in the next Contracts for Difference auction in late 2021.Â
To find out more about the Government’s wind energy investment plans, click here.Â