Renewable-UK chief exec welcomes ‘£20bn offshore wind-ustry investment under Tory Govt.’

Hugh McNeal
Hugh McNeal

In his first speech to the offshore wind industry – RenewableUK’s new Chief Executive, Hugh McNeal, has described the renewable energy sector as “part of a new energy mainstream in Britain and around the world, securing investment, delivering transformative and revolutionary change”
 
He said offshore wind is bringing more than £20 billion in investment to Britain in this decade, and noted that this has been achieved by two Conservative-led Governments.
 
Urging the industry to highlight the economic benefits it is bringing to the UK, he added: “We offer a pipeline of offshore wind projects ready to be deployed and financed, which can help Britain meet its electricity needs in the future.

“Offshore wind cost reduction is on a scale that you might associate more readily with consumer electronics than with multi-billion pound infrastructure projects.”

  • Glasgow-base Offshore Renewable Energy Catapult has appointed Thomas Arensbach, former Head of UK Offshore Projects at Siemens, as senior business development manager.

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