Enable new floating wind farms
Last updated 3 weeks ago
Conservative Party Manifesto 2019, p.55
...and we will enable new floating wind farms.
- This is a somewhat vague commitment to “enable” new floating wind farms, which we are taking to mean providing government support for their development.
- In a speech to his virtual party conference in October 2020, the Prime Minister announced a £160 million investment in offshore wind, and pledged to generate 1GW from floating wind farms by 2030 (total renewable electricity capacity in the UK was 48.5GW when the pledge was made). Floating wind projects have also been made eligible for the first time to bid for contracts under the government’s main renewables support scheme, Contracts for Difference.
- The funding promise is a relatively small investment for developing and building technology of this complexity and scale, but coupled with the new eligibility for Contracts for Difference, it represents an initial step towards enabling new floating wind farms, so this policy is ‘in progress’.
There's always room for debate
We’re serious about providing clear, up-to-date, non-partisan information. We focus on being consistent and fair in how we reach our verdicts, and always explain our reasoning. But there is always room for debate. So if you see it differently, we’d love you to tell us why. Or even better, submit an edit.