The UK offshore Wind Sector deal is an opportunity for everyone.
On 20 September 2019 the UK’s third round of Contracts for Difference were announced, with strike prices that represent a 66% reduction in the cost of offshore wind since the first CfDs were awarded in 2015. Welcoming the news, RenewableUK CEO Hugh McNeal said, “Offshore wind will be the backbone of the UK’s clean, modern energy system and will supply at least a third of our power by 2030.” This is the goal that has driven the development of the UK offshore wind sector deal, launched in March 2019 to formalise the Government’s commitment to offshore wind.