American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Latest News

UK’s Crown Estate clears offshore wind expansion to raise energy output

by admin May 11, 2025
May 11, 2025
UK’s Crown Estate clears offshore wind expansion to raise energy output

To accelerate the UK’s energy transition and efficiently increase capacity, King Charles III’s Crown Estate, owner of Britain’s seabed, has approved the expansion of high-density wind farms on existing seabed leases.

The Capacity Increase Programme aims to add 4.7 gigawatts of capacity through seven projects, according to a Reuters report. These include RWE’s Rampion 2 and the joint venture of SSE and Equinor’s Dogger Bank D.

The UK has set an ambitious target to substantially decarbonise its electricity generation by the year 2030, marking a significant shift in its energy policy. 

A key component of this strategy involves a substantial increase in renewable energy sources, with a particular emphasis on offshore wind power. 

This focus on renewables is driven by a desire to enhance energy independence and provide a buffer against the volatile fluctuations of global fossil fuel prices, thereby ensuring greater stability and predictability in the nation’s energy supply. 

The transition towards a cleaner electricity sector is envisioned to play a crucial role in meeting the UK’s climate change commitments and fostering a more sustainable energy future.

Wind energy capacity

Britain plans to significantly increase its offshore wind energy capacity, aiming for up to 50 gigawatts (GW) of clean energy generation from this source by the year 2030. 

This target represents a substantial expansion from the current installed offshore wind capacity of approximately 15 GW. 

The development and deployment of this additional 35 GW of offshore wind capacity will involve significant investment in infrastructure, including the construction of new wind farms, the expansion of grid connections, and advancements in related technologies. 

This expansion is expected to play a crucial role in meeting the UK’s climate change targets, enhancing energy security, and fostering economic growth through the creation of new jobs in the renewable energy sector. 

The achievement of this 50 GW target would position Britain as a global leader in offshore wind power generation, contributing significantly to the overall global effort to combat climate change and promote sustainable energy solutions.

Grid connections and infrastructure

The Crown Estate announced that its Capacity Increase Programme includes seven projects situated within designated offshore wind areas. 

These projects benefit from existing grid connections and infrastructure, facilitating rapid deployment.

“Our purpose is to create lasting and shared prosperity for the nation. Offshore wind enables us to do that as a driver of economic growth through jobs creation and supply chain development,” Gus Jaspert, managing director, marine, at The Crown Estate was quoted in the report.

Jaspert added:

Delivering the Capacity Increase Programme is an effective way to provide up to four million homes with secure, clean energy and further decrease the UK’s reliance on fossil fuels, often sourced internationally.

Despite being the world’s second-largest offshore wind market in terms of capacity, behind China, Britain’s offshore wind sector is currently facing challenges due to increasing costs driven by high inflation and supply chain issues.

The post UK’s Crown Estate clears offshore wind expansion to raise energy output appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
What extended conflict between India and Pakistan could cost their economies
next post
President Trump floats 80% tariff on Chinese goods ahead of key trade talks

Related Posts

Five patients die at Nasser hospital after Israeli...

February 18, 2024

Georgian politician punches opponent in face in brawl...

April 17, 2024

Inmate sprung from French prison van during ambush...

May 16, 2024

Ukraine’s defeat at Avdiivka darkens the mood in...

February 20, 2024

Beijing and Manila made a deal in the...

July 24, 2024

Man dies after falling from ‘Mission Impossible’ cliff...

June 7, 2024

Japan launches second flagship H3 rocket a year...

February 18, 2024

‘Intense phase of war with Hamas about to...

June 24, 2024

Ibovespa struggles as Brazilian real hits two-week lows...

November 9, 2024

5 ways the Columbia disaster changed spaceflight forever

April 15, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Why Asia is quietly turning its back on US dollar

      May 11, 2025
    • President Trump floats 80% tariff on Chinese goods ahead of key trade talks

      May 11, 2025
    • UK’s Crown Estate clears offshore wind expansion to raise energy output

      May 11, 2025
    • What extended conflict between India and Pakistan could cost their economies

      May 11, 2025
    • CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

      May 10, 2025

    Categories

    • Business (2,802)
    • Investing (2,364)
    • Latest News (1,984)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved