Home > Latest News > Business Funding & Support > £1 billion investment in UK offshore wind supply chain will create thousands of high-quality jobs

£1 billion investment in UK offshore wind supply chain will create thousands of high-quality jobs

Wendy

6/17/2025 2:12:02 PM

Commenting on today’s announcement by the Energy Secretary Ed Miliband at RenewableUK’s Global Offshore Wind conference in London that the Government and the UK’s publicly-owned clean power company Great British Energy are working with the wind industry and The Crown Estate to invest £1 billion in supply chain development, RenewableUK's Deputy Chief Executive Jane Cooper said: 

 

"A concerted focus from industry and Government on growing the offshore wind industry's supply chain in the UK could deliver an extra 10,000 jobs between now and 2035, boosting the UK's economy by £25 billion. Our sector is stepping up, working closely with the Energy Secretary and the Crown Estate to create new opportunities for manufacturing high-value goods like turbine towers, blades, foundations and cables, and providing high quality jobs building, operating and maintaining offshore wind farms.

“Our ambition is to transform quaysides around our coastline into clusters of global excellence in offshore wind, bringing new jobs and investment to communities which often badly need economic renewal”.

 

Industry Co-Chair of the Offshore Wind Industry Council Richard Sandford said:

“Growing our supply chain will help prevent bottlenecks that can increase costs and cause delays, benefitting developers, consumers, and our Clean Power Mission. Industry OWIC members are working to match the Government’s funding to support a homegrown supply chain and drive long-term sector growth. It’s vital that industry and Government keep working together to remove barriers, enabling greater capacity through clean power auctions, and securing more investment for the supply chain”.

More details on RenewableUK’s 2-day Global Offshore Wind 2025 conference and exhibition in London are available here.

Other Articles You Might Like

Wendy

1/20/2025 9:10:16 AM

Forrester Boyd shortlisted for Prestigious Yorkshire Accountancy Award
Forrester Boyd Chartered Accountants, one of the leading accountancy firms in the region, is thrilled to announce that i...
Events & Networking 4 min read

Wendy

7/23/2025 12:40:32 PM

Over 200 organisations join Humber-wide initiative to transform the region’s future
More than 200 organisations across the region have joined forces with a strategic initiative that’s redefining the Humbe...
Business News 4 min read

Wendy

6/16/2025 9:47:21 AM

Setting sights on silver – jubilee celebration rung up for Hull and East Yorkshire Business Awards as entries open
Class of 2024: Last year’s Hull and East Yorkshire Business Award winners.
Events & Networking 4 min read

Wendy

9/1/2025 9:04:42 AM

Musicians keeping employers in tune with mental health and wellbeing needs
Members of a music academy in Hull are banging the gong to raise awareness of a new service aimed at improving mental he...