The Offshore Wind Industry Council has launched a full review of the supply chain to create a clear supply chain plan that will set out how the industry can:
- Deliver £2.6 billion in annual exports by 2030 from £500 million today, and
- Support up to 27,000 high quality, well-paid jobs across the country
The review will be led by independent expert Martin Whitmarsh, former McLaren Group chief executive and Formula One Team Principal, who announced his team members at FT Technologies in Surrey. His review team includes Victoria Sinclair from Scottish Power.
FT Technologies specialises in the design and manufacture of high performance ultrasonic acoustic resonance wind sensors. Most of the offshore wind turbines in the world are fitted with an FT sensor.
Whitmarsh commented: “Increasing supply chain productivity will directly lead to lower costs and enable UK companies to seize new opportunities across the globe.
“Another key part of the review is looking at how SMEs can join this growing industry, making sure they understand what industry needs and routes into the sector.
“I’m looking forward to working alongside the industry experts and engaging with suppliers at all levels of the value chain, and I’m confident that we’ll be able to produce a clear plan, with tangible recommendations to achieve the ambitious targets the wind industry council has set.”
Benj Sykes, joint chairman of OWIC, said: “The big prize here is in the export market.
“Our ambition is to grow the export value of offshore wind goods and services five-fold by 2030, by which time half of the revenue for UK suppliers in the sector could come from exports. This is a lucrative opportunity that UK companies want to be involved in.”
The review is expected to be completed in Autumn 2018.
16 Apr 2018