How will wind energy affect UK electricity consumption by 2030?

Wind energy is the cornerstone of the new UK Government’s goal to fully decarbonise UK electricity consumption by 2030, along with a commitment to double onshore wind and quadruple offshore wind capacity by 2030. The next contract for difference auction round (AR6) is taking place this summer.

What percentage of electricity is generated by wind?

Wind energy generation accounted for 24% of total electricity generation (including renewables and non-renewables) in 2020; with offshore wind accounting for 13% and onshore wind accounting for 11%. Data on energy generation is from the UK Department of Business, Energy and Industrial Strategy's Energy Trends. 4. Business activity in wind energy

How much will the UK government spend on offshore wind?

They raised the total budget by £500mn to a record £1.56bn, of which £1.1bn will be allocated for bottom-fixed offshore wind. That’s 38% higher than the £800mn offshore wind budget proposed under the previous UK Government and is an important move that will allow for increased offshore wind deployment.

How much energy does the UK generate from wind power?

Includes data from the Office for National Statistics and other official sources. Electricity generation from wind power in the UK has increased by 715% from 2009 to 2020. Turnover from wind energy was nearly £6 billion in 2019. TheUK has the largest offshore wind farm in the world, which is located off the coast of Yorkshire.

How will the UK government's decision affect wind energy?

“This is a very positive development. The UK Government’s decision will strengthen its energy security and increase its economic competitiveness. It will also help to create tens of thousands of new jobs in wind energy and restore the UK as a global leader in renewables”, says Phil Cole, Director of Industrial Affairs at WindEurope.

Why is the government funding offshore wind?

It is part of government’s plan to strengthen energy security and bring down energy bills in the long-term. Following an extensive review of the latest evidence, including the impact of global events on supply chains, the government has allocated a record £800 million for offshore wind, which has been given a separate funding pot.