Offshore Wind supply chain has £92 billion potential for UK economy by 2040

Growing the UK’s supply chain for offshore wind represents a £92 billion opportunity to boost the UK’s economy by 2040, according to a report by the Offshore Wind Industry Council (OWIC) and the Offshore Wind Growth Partnership (OWGP). The report, entitled ‘Supply Chain Capability Analysis’ outlines key measures that industry and government can take to strengthen the UK’s offshore wind supply chain, and in doing so maximise socioeconomic benefits that offshore wind growth can bring to the UK. The UK has the second largest installed offshore wind capacity in the…

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New report shows jobs in UK offshore wind industry to grow to 100,000

A new report published by the Offshore Wind Industry Council shows a surge in the number of people working in the UK offshore wind industry, and a substantial increase in the billions of pounds of private investment which the sector is attracting every year.  The UK Offshore Wind Skills Intelligence Report reveals that the sector supports over 31,000 jobs, which is a 16% increase on the 26,000 jobs reported in last year’s survey. 19,600 are direct jobs (solely in offshore wind) and 11,500 are indirect (e.g. supply chain companies which…

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