Offshore Wind Sector Deal
The Offshore Wind Sector Deal is designed to build on the United Kingdom’s global leadership in offshore wind, maximising the advantages for UK industry from the global shift to clean growth.
Developed jointly by BEIS and the Offshore Wind Industry Council, the Sector Deal sets out a commitment by the UK Government to provide certainty to developers through bi-annual Contract for Difference rounds.
The sector itself commits to increasing UK content to 60 per cent by 2030, including increases in the capital expenditure phase, and to increasing the representation of women in the offshore wind workforce to at least a third by 2030.
Likewise, the offshore wind industry has set an ambition of increasing exports fivefold to £2.6bn by 2030 and pledged to invest up to £250m in building a stronger UK supply chain, establishing the Offshore Wind Growth Partnership (OWGP) to support productivity and increase competitiveness.