RenewableUK: Britain Can Cash In On Offshore Wind Know-How Abroad

British companies have already won 115 contracts to provide services for 50 offshore wind projects abroad and can stand to benefit further from 250 offshore wind farms in development around the world, according to a document released by RenewableUK.

The document shows that British companies are winning multimillion-pound contracts; making and laying cables, installing turbines, and providing other services. The higher end contracts in RenewableUK’s analysis were valued at GBP 30 million.

RenewableUK’s Chief Executive, Hugh McNeal, said: “Our world-leading offshore wind industry is already delivering significant investment to the UK. We can continue to secure valuable contracts around the world for British companies by staying competitive – driving down costs and continuing to innovate. We’re determined to maximise the economic and industrial benefits of offshore wind for UK plc.”

The document is being released at the start of Offshore Wind Week, a series of industry events being held across the country to highlight the technology’s vital role to Britain’s economy and future energy mix.

“I welcome this initiative. The UK has invested heavily in offshore wind and it is vital that the manufacturing and service companies involved benefit from the expertise developed in export as well as domestic markets. Much has already been achieved and there are good prospects for achieving much more in the future,” Minister of State for Energy and Intellectual Property, Baroness Neville-Rolfe, said.