Is your business looking to tap into the offshore wind sector?

Offshore wind presents a major economic opportunity for the UK, especially for the South West and Wales. The Crown Estate's published research, The Celtic Sea Blueprint, indicates that developing new floating wind farms in the Celtic Sea, off the coast of South West England and South Wales, could create up to 5,300 new jobs and add £1.4 billion to the UK economy. This growth would come from boosting the local supply chain and infrastructure capability. The challenge ahead lies in building strong regional clusters to ensure the majority of investment and economic benefit stays within our local communities.

To clearly convey the scale of the opportunity and the actions required, Renewable UK, the Offshore Wind Industry Council, and The Crown Estate are launching a regional roadshow in collaboration with the Celtic Sea Cluster. Targeting developers and supply chain companies in the South West, this is your chance to discover valuable insights into the recommendations and funding opportunities supply chain companies can use to scale-up for offshore wind. Sessions will provide an excellent opportunity to learn more about these key initiatives:

Industrial Growth Plan - recently launched by RenewableUK, the Offshore Wind Industry Council, The Crown Estate and Crown Estate Scotland. The aim of the Industrial Growth Plan is to grow supply chain capacity to accelerate and de-risk delivery, and to grow market share at home and abroad through a focus on key technologies. Discover how your cluster could play a key role in this UK story.

A funding update from Offshore Wind Growth Partnership discussing upcoming innovation, development and manufacturing facility support programmes. The Offshore Wind Growth Partnership designs and delivers programmes to grow companies within the offshore wind sector, as well as to accelerate transition of companies with transferable skills from other sectors.

The Crown Estate's Supply Chain Accelerator. A new £50million fund created to accelerate and de-risk the early-stage development of projects linked to offshore wind, helping to grow and nurture the UK’s domestic supply chain.

An initial £10milion round of funding is now open for applications for businesses looking to establish UK projects that could support the development of a new UK supply chain capability for floating offshore wind in the Celtic Sea.The Accelerator will provide matched funding of up to £1million per project to UK supply chain projects to help them undertake the early-stage development works necessary to get them “investment-ready”. The Crown Estate will look for the option to participate in the capital investment phase.

The application process closes on Tuesday 30 July and successful projects will be chosen following an application assessment process and announced from October 2024.

Date: 3rd July

Time: 10:00 - 14:00

Location: Sandy Park Conference & Event Centre, Exeter.

This event is free to attend. Lunch and refreshments will be provided.

Offshore Wind - IGP & SCA session in Exeter