Posted by: Windfair Editors
Current UK Offshore Wind Pipeline Too Small for Climate Goals
Official Press Release Cornwall Insight:
Current offshore wind pipeline falls short of 40GW by 2030 target
Latest figures from Cornwall Insight’s ‘Renewables pipeline tracker report’ show that even if all current offshore wind sites with leasing are developed in the coming years, total offshore wind capacity would only reach 29.7GW by 2030. The report currently tracks 22 sites across both floating and fixed foundation technologies, with many sites looking to progress through the upcoming Contracts for Difference (CfD) Allocation Round 4.
Lucy Dolton, Analyst at Cornwall Insight, said: "Assuming all prospective sites with seabed leasing are built, the current pipeline will fall well short of the 40GW by 2030 target recently reiterated by government. In fact, this would start falling by the end of the decade as the earliest offshore wind sites under the Renewables Obligation (RO)... ... More: Official Press Release Cornwall Insight
- Keywords:
- Cornwall Insight, renewable energy, UK, offshore, CfD, GW, site, leasing, wind capacity