COASTAL communities in the Humber and East Yorkshire that have been "revitalised" by the offshore energy sector could be set for a further boost after the Government unveiled a "landmark" new deal with the industry.
Offshore wind now provides just over 7% of Britain's power, but the government wants that increased to more than 30% by 2030.
A total 70 percent of the country's electricity is predicted to be generated from low-carbon sources by 2030.
A third of Britain's electricity will be produced by offshore wind power by 2030, according to a release issued on Thursday by the Department for Business, Energy and Industrial Strategy.
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Working with the private sector to take advantage of the island nation's surrounding waters to power homes and businesses with increasing amounts of renewable energy, the government said the Offshore Wind Sector Deal will slash the UK's reliance on fossil fuels. Innovative British companies, particularly those in the North East England cluster, have been integral to the helping the United Kingdom establish a world-renowned offshore wind industry and the sector deal will support further development in the supply chain.
A partnership between Government and industry will support smaller supply chain companies to export for the first time, to help boost global exports to areas including Europe, Japan, and the United States five-fold to £2.6 billion a year by 2030.
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The industry will invest £250 million in measures including making sure British companies are competitive and world-leaders in new innovation in areas such as robotics and floating wind and larger turbines.
In return, the industry has committed to increase the share of British content in new projects to 60 per cent, from about 48 per cent in recent years.
Specifically, the Global Wind Energy Council (GWEC) will coordinate with the World Bank Group's Energy Sector Management Assistance Program (ESMAP) and the International Finance Corporation (IFC) on efforts to accelerate the uptake of offshore wind in emerging markets by helping countries assess their offshore wind potential and providing technical assistance to help develop a growing pipeline of projects that are ready for investment by renewable energy developers.
This is the first Sector Deal for a renewable energy technology. It means the government's latest offshore wind target of 30 gigawatts by 2030 is woefully inadequate.
Greenpeace UK said that renewables needed to be scaled up even more, with wind and solar tripled by 2030. Companies are burgeoning in clusters, creating new centres of excellence in this clean growth boom.