The sea wind power policy, innovation and cost reduction report

To see how Britain to promote green economic growth through offshore wind development success

The Policy innovation report cover (Chinese)

An overview of the

Britain's offshore wind has always been a striking examples of successful green growth.Compared with a decade ago, now the price of offshore wind power is less than a third of the at that time.For Britain, offshore wind power compared with a new generation of fossil fuels, now remain competitive in terms of cost.In fact, if electricity prices back to the level before the outbreak, the British government has not need subsidies for offshore wind;The Treasury can also be profitable.At the same time, the offshore wind industry has grown up, the oil and gas companies scramble to enter the market, pension funds are willing to invest billions of pounds to build.

Release date: July 2020


This report shows how policy making in the success of the offshore wind power development has played a central role, especially the policy of "demand".With the development of the industry, promoting the technical development along the "innovation chain", came out from the gradually mature.The ends of the policy effect on innovation chain.In the early stages of technology development, the policy of "technology push" role in the innovation chain is the most on the left.Related policy through r&d subsidy mechanism, directly on the technology research and development funding.The policy of "demand" role in the innovation chain is the most the right side, through incentives and other means to develop the technology market.Britain's offshore wind can succeed in this decade, the key lies in its policy of "demand"

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