The offshore wind industry is experiencing rapid growth and significant transformation, driven by ambitious targets and technological advancements. The UK government’s goal of achieving 50GW offshore wind capacity by 2030, coupled with innovations in floating technology, signals a promising future. However, the sector faces challenges such as supply chain constraints and investment uncertainties, which also present opportunities for groundbreaking solutions like green hydrogen and battery storage.
At Kent, we are at the forefront of addressing these challenges, whilst also leading the way in other renewable alternatives to keep bringing our world the energy it needs in the most responsible way ever imagined. With our extensive experience, we are engineering 12GW of offshore wind projects off the UK coast and supporting early-stage projects around the world. As the global offshore wind market prepares for exponential growth, our commitment to innovation and sustainability is stronger than ever.
“The early uncertainty regarding leasing auctions and Contract for Difference rounds made the business case for investments from the supply chain challenging to justify,” she says, remaining optimistic about offshore wind's trajectory. “The more regular leasing rounds of recent times, combined with the commitment from the government to hold allocation rounds approximately every two years, have made the offshore wind industry a more attractive place to operate as a business.”
Cerianne Cummings speaks to Energy Digital about the rapid growth and evolving challenges of the offshore wind sector. Read the article here, page 69-79: https://energydigital.com/magazine/energy-digital-june-2024
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