UK to target 40GW of offshore wind

A few points to note

1/ offshore wind is set to be "negative subsidy" within just a few years https://www.carbonbrief.org/guest-post-the-era-of-negative-subsidy-offshore-wind-power-has-almost-arrived">https://www.carbonbrief.org/guest-pos...
Guest post: The era of ‘negative-subsidy’ offshore wind power has almost arrived

The offshore wind farms auctioned last September in the UK will most likely be the world’s first “negative subsidy” projects – wind farms that will pay money back to the government over their...

https://www.carbonbrief.org/guest-post-the-era-of-negative-subsidy-offshore-wind-power-has-almost-arrived
2/ Offshore wind is much cheaper than the government expected only a few years ago https://www.carbonbrief.org/wind-and-solar-are-30-50-cheaper-than-thought-admits-uk-government/">https://www.carbonbrief.org/wind-and-...
Wind and solar are 30-50% cheaper than thought, admits UK government

The most striking result of the new 2020 report is that BEIS has once again slashed its estimates for the levelised cost of wind and solar power. This is illustrated in the chart, below.

https://www.carbonbrief.org/wind-and-solar-are-30-50-cheaper-than-thought-admits-uk-government/
3/ Reaching 40GW means tripling the rate of growth over the past decade https://www.auroraer.com/insight/reaching-40gw-offshore-wind/">https://www.auroraer.com/insight/r...
Reaching the UK Government’s target of 40GW of offshore wind by 2030 will require almost £50bn in...

In the build-up to the December 2019 UK General Election, the Conservative party made a manifesto pledge that “our world-leading offshore wind industry will reach 40GW by 2030”  Analysis by Aurora...

https://www.auroraer.com/insight/reaching-40gw-offshore-wind/
4/ Johnson promised 40GW in the Tory manifesto last year https://www.carbonbrief.org/election-2019-what-the-manifestos-say-on-energy-and-climate-change">https://www.carbonbrief.org/election-...
Election 2019: What the manifestos say on energy and climate change | Carbon Brief

The UK will once again head to the polls on 12 December, marking the third general election since 2015 as politicians struggle to set out a clear course for the nation’s departure from the EU.

https://www.carbonbrief.org/election-2019-what-the-manifestos-say-on-energy-and-climate-change
5/ perhaps the bigger news today then is doubling capacity up for grabs in next CfD auction in 2021 (presumably to 12GW but including onshore wind and solar), as well as target for floating wind 1GW by 2030

Background https://www.carbonbrief.org/qa-how-viable-are-floating-offshore-windfarms">https://www.carbonbrief.org/qa-how-vi...
Q&A: How viable are floating offshore windfarms? | Carbon Brief

Earlier this week, it was reported that the world’s first floating offshore windfarm is currently being installed off the coast of Peterhead in Scotland.

https://www.carbonbrief.org/qa-how-viable-are-floating-offshore-windfarms
6/ 40GW of offshore wind could generate half of the UK& #39;s current electricity demand but govt spin has gone with "every home". Domestic demand is only a third of the UK total.
Numbers here:
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