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    German Chancellor Says Growing Nuclear Power May Make Sense

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    With USD 226bn, Global Renewables Funding Sets A New H1 High

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    Germany Wins EU Approval For EUR 2.98bn Green Heating Plan

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    African Nations Anticipate Increasing Fossil Fuel Output

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    2022 Will See A 3.4% Increase In Electricity Demand In APAC

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    Cluster of Businesses Want The EU To Improve Energy Security

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    Central American Development Bank commits $800 million toward the fuel relief effort

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    Array Technologies increased revenue 35% to US$872.7 million in 2020

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    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

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    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    Italy’s Innovatec targets EUR 100m in revenue from new solar business

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    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

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    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

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    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

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    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

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    To Get Net Zero By 2070, India Needs To Invest $20 Trillion

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    German Chancellor Says Growing Nuclear Power May Make Sense

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    With USD 226bn, Global Renewables Funding Sets A New H1 High

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    Germany Wins EU Approval For EUR 2.98bn Green Heating Plan

    African Nations Anticipate Increasing Fossil Fuel Output

    African Nations Anticipate Increasing Fossil Fuel Output

    EGing to invest over US$144 million in major manufacturing upgrades and relocation

    Trade Wars Cause A 55% Drop In U.S. Clean Energy Projects

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    2022 Will See A 3.4% Increase In Electricity Demand In APAC

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    Black Power- German Fossil Fuel Plans Encounter Obstacles

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    Refiners Should Not Be Making Above Normal Profits- Biden

    Refiners Should Not Be Making Above Normal Profits- Biden

    Cluster of Businesses Want The EU To Improve Energy Security

    Cluster of Businesses Want The EU To Improve Energy Security

    Enel plans to expand power distribution business into US

    In A Move To Avert Blackouts Australia Halts Power Market

    Central American Development Bank commits $800 million toward the fuel relief effort

    Central American Development Bank commits $800 million toward the fuel relief effort

    A New 500-MW Supercritical Coal-Fired Power Plant Going into Operationa in Philippines

    EU Reduces Plans of Fossil-Fueled Electricity By One-Third

    BP to invest up to £18 billion in UK energy system by 2030

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

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    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    Italy’s Innovatec targets EUR 100m in revenue from new solar business

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    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    SPI Energy Develops Utility Scale Solar Project in Maryland

    Lightsource BP pioneers UK's first night-time solar service

    Altus Power and Heliene Establish Strategic Partnership to Support U.S. Solar Module Manufacturing

    EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

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    WindEurope Annual Event 2022 in Bilbao - Registrations Open, Conference Programme Available

    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

    RWE chooses Chantiers de l'Atlantique as key supplier for its F.E.W Baltic II wind farm - design, construction and installation of the electrical offshore substation

    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

    EGAT deploys Siemens software solutions for the worlds largest Hydro-Floating Solar Hybrid Project

    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

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By 2040, Floating Offshore Wind To Add 67K Total Jobs In UK

in Featured, News, Wind Energy
By 2040, Floating Offshore Wind To Add 67K Total Jobs In UK

In fewer than 20 years, the UK may employ up to 67,000 people in the floating offshore wind (FOW) industry, according to a recent forecast. The study uses a high, base, and low case prediction to determine that by 2040, the active workforce will need between 22,000 and 67,000 people, depending on the deployment plan the UK chooses.

It estimates that by 2040, a low-case deployment scenario with more than 18 gigawatts (GW) of floating offshore wind will necessitate a workforce of more than 31,000 active workers.

The project Floating Offshore Wind People, Skills, and Vocations describes the employment and skills required to build, run, and maintain a FOW wind farm. The workforce might total up to 67,000 people in the best-case scenario, depending on the UK’s deployment strategy.

Planning and permitting, project planning, electrical and high-voltage electrical systems, numerous occupations connected with fabrication and sophisticated manufacturing, and digital skills across all disciplines are claimed to be areas with skill shortages.

The paper emphasises the need to reduce obstacles to the transfer of military and oil and gas industry capabilities to floating offshore wind farms, particularly for marine functionality and maintenance procedures. The researchers suggest building specialised training facilities close to ports and manufacturing areas.

Another recent study from Aberdeen’s Robert Gordon University (RGU) asserts that new low-carbon technologies might create 26,000 new energy jobs in the UK by 2030. Most would reside in coastal areas along the east and west coasts of the UK. The Energy Transition Institute at RGU examined the advantages of carbon transportation and long-term subsurface collection of captured CO2 emissions, as well as electrification of offshore platforms to cut down on emissions from oil and gas. Hydrogen is a green fuel that can replace natural gas and diesel.

As part of the North Sea Transition Deal between both the UK offshore oil and gas industry as well as the UK government last year, Offshore Energies UK funded the research. The agreement recognises the industry’s contribution to ensuring reliable oil and gas supplies while also delivering low-carbon energy output, including offshore wind.

RGU evaluated three investment possibilities to determine the potential employment impact of the deal by 2030. The UK would be storing 30 MM metric tonnes of CO2 underground each year, producing 10 GW of hydrogen, which is equivalent to 10 large power plants, running 10 offshore oil or gas channels on low-carbon electricity, and hiring up to 26,000 more people, or roughly 15% of the offshore industry’s working population, if the government’s British Energy Security Strategy objectives were met by then.

Activities outside the purview of offshore businesses, such as CO2 capture, CO2 imports, facility construction, and exporting of UK technology and experience, would probably result in the creation of more jobs.

The government’s new Energy Profits Levy, which diverts 65% of the revenue from offshore oil and gas exploitation to the Treasury, has forced OEUK’s affiliates to adjust. The charge, according to OEUK’s warning, could cost the sector at least £5 billion in 2022 alone and could discourage investments in new technology.

The technology most impacted by the new charge, according to Director of Supply Chain & Operations, Katy Heidenreich, at OEUK, is electrification, but all three depend on investments made by foreign companies in UK energy.

The possibility of utilising the oil and gas industry’s knowledge to develop cleaner energy that will assist in achieving their climate targets is presented by the North Sea Transition Deal, according to the spokesperson. The UK offshore energy industry requires an environment that promotes investments and recognises the ongoing necessity of oil and gas as novel lower carbon projects and technologies come online in order to reach the greatest potential outcome stated in the report.

Furthermore, it added that long-term thinking and a predictable, stable political and investment environment are more important than ever.

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