UK strives to develop economically viable deepwater wind capabilities

The UK has the largest offshore wind capacity in the world, with 9.8 gigawatts (GW) installed. This is expected to rise to 19.5 GW by the mid-2020s.1 The government has set a goal of 40 GW of power generation from offshore wind by 2030, in line with its ambitions to meet 2030 and 2050 net-zero targets. By investing £50 billion in the UK economy during the 2020s, offshore wind industry leaders recently told the House of Commons Environmental Audit Committee that offshore wind will play a central role in the UK’s economic recovery after the Covid-19 pandemic.2 Fig. 1. Xodus has developed a practical LCoE GIS modeling tool to compute and visualize the costs of fixed and floating offshore w

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