The UK wants to power all homes with offshore wind by 2030

The Prime Minister also promised to deploy floating turbines that can provide 1GW of overseas wind energy by 2030. “The Government has raised the aspiration for overseas wind and renewables, and our industry is all set to meet the challenge,” Hugh McNeal, CEO of trade association RenewableUK said.According to Aurora Energy Research, nevertheless, however, “almost ₤ 50 billion in capital investment” is needed to meet the 40GW target. “An average yearly setup rate of 260 turbines will require to be sustained over five years, equivalent to one turbine set up every weekday throughout the whole of the 2020s,” Aurora Energy Research determined back in February.As the Financial Times reports, the Prime Ministers speech was a teaser for a more comprehensive set of propositions that will be announced later on this month.

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