The impact of inflation on the offshore wind industry is being felt globally. With markets recalibrating to factor in supply chain costs, we look at how and why investment has been interrupted, and when it will begin to flow again.
According to data released by Drax Electric Insights, Britain now has more installed wind capacity than gas generation.
The Wales Pension Partnership announced it will invest £68 million into onshore wind sites being developed by Bute Energy.
K2 Management’s Will Sheard discusses how the disappointing AR5 result for offshore wind should be a learning curve for future CfD rounds.
The government of Guernsey has approved a new electricity system strategy developed in partnership with Siemens AG.
The UK and Ireland have signed a memorandum of understanding (MoU) to support offshore renewable energy and increase interconnectivity.
Energy giant Octopus Energy has confirmed that it is set to invest in international wind developer Deep Wind Offshore.
By 2030, only half of the predicted £200 billion offshore sector investment will be committed to projects, trade association Offshore Energies UK (OEUK) has said.
With yesterday’s (5 September) announcement that the UK government was to ease the de facto ban on onshore wind developments, the news has brought mixed reactions from across the industry.
Onshore wind has been handed a boost today (5 September) via changes to the planning system introduced by the UK government.
