New report shows UK’s wind and marine energy companies exporting to 44 countries
18 June 2018
Posted by: Rob Norris
RenewableUK has published a report which demonstrates the global success of UK-based companies working in the onshore and offshore wind, wave and tidal energy industries.
The new study, Export Nation, shows that an illustrative sample of 43 British companies exported goods and services to 44 countries in 2017. These companies struck 445 deals to work on 434 wind, wave and tidal energy projects all over the world – throughout the rest of Europe, North and South America, Africa, the Middle East, Asia, Australia and Antarctica.
The contracts were worth up to £7.5 million each, with some companies earning £20 million overall from their wind and marine energy exports last year. They range from exporting small onshore wind turbines to providing 80-metre blades and cables for offshore wind farms. Exporting our expertise is also important, providing consultants to develop wind, wave and tidal energy projects worldwide.
Our top export destinations for these technologies in 2017, were, in order of importance, Germany, the USA, France , Denmark, China, the Netherlands, Ireland, Taiwan, Belgium and Japan. Other significant destinations included Australia, Singapore and South Korea.
The report is being released ahead of Global Offshore Wind 2018, the largest dedicated offshore wind event in the world this year, which opens in Manchester tomorrow.
RenewableUK’s Chief Executive Hugh McNeal said: “It’s great to see that UK companies are winning multi-million pound contracts to work on wind and marine energy projects on all seven continents. We are an outward-looking sector, increasingly export-led, securing new deals worldwide.
“The global renewable energy market is now worth over $300 billion a year. Making the most of our international trading opportunities in clean energy will help us to grow British industry and boost the future prosperity of the UK economy”.
Minister of State for the Department for International Trade, Baroness Fairhead, said:
“This report demonstrates that there is a clear demand for innovative UK energy technology across the world as the renewable energy sector continues to grow.
“The Department for International Trade offers a wide range of export support services to assist British businesses to take advantage of these global opportunities, including our international Trade Advisors, GREAT.gov.uk and our award-winning export credit agency, UK Export Finance”.
MHI Vestas Offshore Wind CEO, Philippe Kavafyan, said, “MHI Vestas is proud to be part of the UK’s offshore wind success story, indeed all of the blades manufactured at our factory on the Isle of Wight will be exported to other offshore markets in 2018”.
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The “Export Nation” report is available here . The findings are based on a survey on companies involved in the wind, wave and tidal energy companies, covering calendar year 2017, carried out by RenewableUK, as well as using data available in the public domain. The document also includes a number of case studies.
RenewableUK is the trade and professional body for the wind, wave and tidal energy industries. Formed in 1978, and with more than 400 corporate members, RenewableUK is the country’s leading renewable energy trade association. We are celebrating our 40th anniversary this year.
RenewableUK is inviting journalists to the offshore wind industry’s biggest annual event Global Offshore Wind 2018 on 19th-20th June at Manchester Central.
Keynote political speakers include the Energy and Clean Growth Minister Claire Perry and the Sector Champion for Offshore Wind Baroness Brown of Cambridge
More than 2,500 delegates from 50 countries will attend the event, which includes an exhibition in which 150 companies will showcase the latest cutting-edge technology. Major event partners include the Department for International Trade, Equinor, innogy, MHI Vestas Offshore Wind, Offshore Renewable Energy Catapult and ScottishPower Renewables.