The Welsh Government has published a new action plan aimed at unlocking the full potential of the country’s offshore wind energy.
Wales has a significant pipeline of more than 15GW of offshore wind projects around its coastline, in Welsh, English, and Irish waters.
The sector represents a significant opportunity with the prospect of £4.8bn ($6.6bn) for Welsh businesses and over 3,000 jobs.
Wales has been at the forefront of offshore wind projects, hosting the first fixed offshore wind developments in North Wales.
A task group, established earlier this year, worked on identifying what needs to be done in partnership with the Crown Estate, industry and social partners to secure lasting economic and social value to Wales.
While announcing the new action plan, the Welsh cabinet secretary for economy, energy and planning, Rebecca Evans, said she wanted to “drive forward the renewable energy revolution, ensuring that Wales remains at the forefront”.
“With two successful bidders announced to develop 3GW of clean energy, and a clear commitment from the Crown Estate to deliver the full 4.5GW, we see the start of billions of pounds of investment and thousands of jobs,”
She also pointed out the importance of the UK government confirming an investment of up to £80m in Port Talbot.
“Offshore wind is one of the UK’s greatest industrial opportunities, with the potential to transform Wales’ heartland sectors, like steel and advanced manufacturing. Over the next decade alone, £32bn in economic value is at stake, including a £4.8bn opportunity for Welsh businesses and 3,370 well-paid jobs,” said Ajai Ahluwalia, head of supply chain at RenewableUK.