27 May '14, 12pm

Securing the UK’s Offshore Lead

Securing the UK’s Offshore Lead

Indeed, a number of new reports have suggested that the UK will be one of the big winners as offshore wind bulks up. Just three G-20 countries, among them the UK, saw an increase in clean energy investment in 2013 . The U.K. saw 13 percent growth, to $12.4 billion, much of which was based on the strength of offshore projects and increased activity in public market financing, according to the 2013 edition of the Who’s Winning the Clean Energy Race? The document highlights what it describes as the U.K.’s “abundant offshore wind resources and on-going commitment to develop the sector” as factors that have “helped to bolster clean energy investment, enabling the U.K. to jump from seventh to fourth among G20 countries.” Bolstering the economic case for offshore wind further, analysis from the Offshore Renewable Energy Catapult, a government-backed body to support accelerated ec...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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