De-risking offshore wind – Data and digital innovation

DIT is looking to attract inward investors into the UK while at the same time making sure that companies in the UK can export their goods to the wider world.

The UK has a very enviable record in the installation of offshore wind. The UK has been driving this market for a number of years now and is the single largest country with the installed base for offshore wind with over 10 GW of installed capacity in UK waters.

UK strengths in clean industries:

• The UK is the world leader in low carbon and the statement on net zero by 2050  was announced recently. This will act as an accelerant for the transition to low carbon economy.
• We have made sizeable steps in the decarbonising our electricity – we are world leaders in offshore wind with above 10GW of installed capacity and committed to 40GW by 2030.
• We have driven the cost reduction in offshore wind as well as in solar – enabling cost competitive renewables across the world.
• Because of the experience gained from installing large number of wind farms (over 30) we have expertise in operation, maintenance and marine services. The UK has engineering and project management expertise that is essential in the successful delivery of offshore wind farms. 
• The UK has developed a strong and stable regulatory framework to drive investments in the clean growth sectors.
• The huge scale of the UK industry has led to a growing and innovating offshore wind supply chain capability across the wind farm life-cycle, from surveys and feasibility, to manufacture and supply, installation, operation and maintenance, and related financial and professional services.

Scottish Development International is Scotland’s trade and foreign direct investment agency. Its aim is to encourage more overseas businesses to set up a location here, invest in Scottish businesses or buy Scottish products. We do this by providing information, partnering with businesses and investors who want to set up or invest here, and helping businesses find the connections they need.

We can also help businesses around the world access the huge range of high quality products and services offered in Scotland. Whether you’re looking to import our top-quality products – from whisky and salmon to cutting-edge tech – access our professional services or use our specialised expertise for your project, we can help you find the suppliers you need.