UK to launch £100m Offshore Wind Growth Partnership programme

24 June 2019 (Last Updated June 24th, 2019 15:02)

The UK Offshore Wind Industry Council (OWIC) has launched a £100m initiative to help the UK businesses ‘maximise opportunities’ in the offshore wind supply chain.

The UK Offshore Wind Industry Council (OWIC) has launched a £100m initiative to help the UK businesses “maximise opportunities” in the offshore wind supply chain.

Called the Offshore Wind Growth Partnership (OWGP), the ten-year programme will be delivered by the Offshore Renewable Energy Catapult (OREC). It is part of the Sector Deal between the offshore wind industry and the UK government.

The sector deal was announced in March 2019 and will see the installation of at least 30GW capacity of offshore wind by 2030. More than 650 companies in the UK will receive support under the programme.

As part of the initiative OWGP has announced the beginning of an in-depth assessment of the offshore wind foundations sector.

OWIC Industry Chair and Ørsted UK Offshore country manager Benj Sykes said: “The offshore wind industry is offering multi-million-pound opportunities to hundreds of innovative companies throughout the UK in the years ahead, including new entrants to the market as well as firms already working in this area.

“The Offshore Wind Growth Partnership will provide practical help for UK companies so they can compete successfully for contracts in this thriving global market. The UK’s global pre-eminence in offshore wind means we are uniquely placed to sell our innovative products and services worldwide.”

The OREC will offer services that include advice on manufacturing, commercialisation and funding for innovation. Additionally, the programme will encourage and promote firms to develop the next generation of products and services.

OWGP will be governed by an independent board, which will be chaired by Martin Whitmarsh, the former McLaren Group CEO and Formula One Team Principal.

Whitmarsh conducted the UK offshore wind supply chain review that was published in February 2019.