Recharge’s Revolution or rehash? Move fast or risk UK offshore wind goal, Johnson warned is a round up of industry experts, including BVGA’s Bruce Valpy, views of UK Prime Minster Johnson’s (re) announcement of the 40GW target for offshore wind by 2030 .
It contains the following summary of Bruce’s views:
While welcoming Johnson’s statement of intent, Bruce Valpy, managing director of consultancy BVG Associates, also noted that the 40GW goal “is not new news” and told Recharge the last year “has been a bit slow in UK, with delays to the [Crown Estate] Round 4 and Scotwind leasing processes [for new offshore wind seabed rights]”, although a good pipeline of projects is still progressing.
“The challenge will be whether the UK grid will be ready to take them,” Valpy told Recharge.
“We’ll need to see substantive progress in interconnectors, flexibility mechanisms, electric vehicles, vehicle-to-grid technology etc. for electricity prices to be stable enough to enable industry investment decisions for this volume.
“This needs the sort of clarity that we haven’t seen yet in these areas.”
Valpy’s focus on the grid reflects recent comments to Recharge by German utility giant RWE, whose chief operating officer for global offshore wind labelled the grid “the biggest and most important topic in UK offshore wind at the moment”.
You can read the article in full here: Revolution or rehash? Move fast or risk UK offshore wind goal, Johnson warned (subscription may be required)
