UK offshore Wind Industry

Added on - 16 Sep 2019

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University DepartmentPolicy brief: UK offshore wind industry
Table of ContentsSummary of the issue1Employmenton rise2Challenges3Issues related to electricity grid4Research& Innovation4Effectof Brexit4Policyoptions....................................................................................................................................................5Actionstakenby the government..................................................................................................................5Effectof policydevelopment..........................................................................................................................6Recommendeddecision.................................................................................................................................7References........................................................................................................................................................8
SUMMARY OF THE ISSUEUK offshore wind industry is one of the highly potential industries in the UK. But theindustry is facing various challenges currently and progressing towards an exciting path.Offshore industry if grown properly will help Europe achieving the targets of renewables in2020. To have a economically and environmentally strong denomination, UK has toimplement a mix of renewable sources of energy and measures related to efficient energy.Out of these renewable sources of energy, offshore wind energy play a major role in the longrun because of the following reasons:Much of land is not required for set upIt does not have any adverse impact on the environment and the peopleThe generation profile is predictable(Boyle, 2006)UK import majority of the fuel and thus have heavy dependency on the non-renewableresources thus the wind energy can contribute to balance this. Right now, 80% of theelectricity demand in EU is met by offshore wind energy plants, but the wind has a capacityof producing around 10 times electricity which is required by the region. So, offshore windcan help Europe meeting 100% of the domestic requirements.To keep this running, the government has to set up some sustainable and energy efficiencymeasures to keep the system up and running. Non-renewable resources like coal and gas willget depleted one day, with their adverse effect on the environment.(Boyle, 2007)EMPLOYMENT ON RISEEurope is currently the leader in offshore wind industry and employs around 238,000 in 2010.If more offshore wind energy will be deployed in the region, the employment will be on riseand the turnover will go into the economy.For the mitigation of climate change, power sector in UK needs to be decarbonised. One wayto do that was nuclear energy and through carbon capture & sequestration. But they havedeclined in UK now, so the only way to decarbonise power is through renewable sources.(Cassidy &Cooksley, 2001)Some of the areas with high potential of offshore wind, are having a good population, butthen also unlike oil and gas offshore, wind offshore requires very less land usage. Moreover,the power produce is predictable. So with the vagaries in power requirements, it is a goodoption.CHALLENGESThe biggest challenge in UK for the offshore wind sector is lack of investment and gridconnection problems.Majority of the issues faced by the industry are cost cutting, political uncertainty,infrastructure issues, unavailability of finances in the construction phase and the stability oflong term investments for the industry to grow. One of the major concerns is the commitmentof government to reduce the carbon emission levels. The government has set a target toreduce the carbon level to a certain amount by 2020. Thus, it requires the government to putefforts and reduce the carbon content in power sector which will be an aid in the offshore
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