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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
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
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/
3/ Reaching 40GW means tripling the rate of growth over the past decade 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
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
Background https://www.carbonbrief.org/qa-how-viable-are-floating-offshore-windfarms
6/ 40GW of offshore wind could generate half of the UK's current electricity demand but govt spin has gone with "every home". Domestic demand is only a third of the UK total.
Numbers here:
