A brand new research has been launched that highlights vital alternatives for the UK to share its wind farm experience with Australia’s rising offshore wind market.
The Australian Offshore Wind Market Examine, performed by Arup, evaluates potential Australian offshore wind markets and analyses the strengths, weaknesses, and alternatives for UK assist.
“Our evaluation helps form funding and collaboration alternatives wanted for rising Australia’s offshore wind market – a important marketplace for making a scalable renewable vitality provide,” stated Damon Sunderland, Arup’s Offshore Wind Chief for Australasia.
Key findings point out that the Australian offshore wind market might “considerably” profit from collaboration with the UK suppliers, given the UK’s 23 years of expertise and its standing because the second largest offshore wind market globally, boasting 13.9 GW of put in capability as of 2023, in keeping with the UK Authorities.
At the moment, Australia has over 40 offshore wind tasks proposed for growth.
Notably, the award of feasibility licences for Victoria’s Gippsland space is anticipated to be introduced quickly and feasibility functions in New South Wales’ 1,854 km² Hunter Zone, designated for offshore wind growth in July, are due this month.
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The federal government stated that the report additionally acknowledges challenges together with market distance, native content material necessities and public notion.
Addressing these shall be facilitated by the latest UK-Australia free commerce settlement, enabling tariff-free exports of parts corresponding to inter-array cables, dynamic cable merchandise, and wind turbine blades, in keeping with the press launch.
“Launching this report every week earlier than COP 28 in Dubai is critical. COP 28 comes at an important second, and a precedence for the UK is to make sure that this COP delivers an consequence that places the world on observe to maintain temperature rise beneath 1.5⁰C. The UK / Australia local weather partnership is responding to the problem as our two nations ship our internet zero commitments,” stated Nick Crouch, The Deputy Excessive Commissioner to Australia.
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