Wind Power: Seas and Oceans

Department for Business, Energy and Industrial Strategy written question – answered on 26th July 2017.

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Photo of Rebecca Long-Bailey Rebecca Long-Bailey Shadow Secretary of State for Business, Energy and Industrial Strategy

To ask the Secretary of State for Business, Energy and Industrial Strategy, what proportion of the UK's offshore wind sector is owned by UK investors and companies.

Photo of Richard Harrington Richard Harrington Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

Holding answer received on 17 July 2017

We do not hold specific information on UK ownership given the breadth of the sector and related supply chain. There has been significant overseas investment into offshore wind in the UK. Bloomberg New Energy Finance reported that in 2016 the UK led Europe for the third successive year, with investment of $25.9bn, up 2% year on year percentage increase in investment in the UK in clean energy.

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