Clean growth

Investing in green technology isn't just good for the environment, it's good for communities and jobs too.

Clean growth means growing our national income while cutting greenhouse gas emissions. Offshore wind is a perfect example of this; the industry has brought billions of pounds worth of investment to the UK whilst significantly contributing to lower CO2 emissions.

 

Our 11 UK offshore wind farms avoid nearly 7.4 million tonnes of CO2 annually, and by 2020, we’ll have invested £12 billion in the UK. But we won’t stop there. Our vision is a world that runs entirely on green energy.

UK leading the world

Let’s renew our mission to build a clean and affordable energy future, says our UK Managing Director Matthew Wright.

 

For the first time in history, it has become cheaper to build and operate offshore wind farms than new coal and gas-fired power stations.

 

Technologies of the future

In the last 10 years, wind turbines have more than doubled in power. Innovation – not only in components but also in how we operate and maintain our wind farms – has played a huge part in helping to slash costs. As our wind farms have got bigger and further from shore we’ve had to pioneer new ways of working. Hear from Miguel Pacheco Andrade about innovation in foundations  and learn how we’re using autonomous robots to inspect massive 80m blades.

Financing the low carbon economy

Clean growth is not just about generating more clean electricity. It’s about growing our national income too. Renewable electricity must be affordable and the finance sector has a big part to play in delivering the UK’s carbon targets. As our wind farms have got bigger, we’ve had to adapt the way we finance them, Kunal Patel, Head of Partnerships and Structured Solutions tells us more.

Clean growth as a business opportunity

Businesses all over the UK should be taking advantage of the low carbon economy, says Pete Clusky in this blog about the growing UK supply chain opportunities. And there’s opportunities for businesses outside of the supply chain too, with our premium-free renewable energy for business, there’s no reason that UK PLC can’t be powered by green energy.

Community benefits of clean growth

Aside from the significant environmental benefits of our activities, which deliver on a national scale, we want to have positive impact in the communities in which we operate, from educational partnerships to sponsoring local events. Our community benefit funds have already donated over £2.5 million to around 200 community projects up and down the UK coast. Natasha Nanuck, Senior Stakeholder Advisor tells us more.

 

What’s driving down the cost of offshore wind?

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3 out of 4 consumers are more inclined to choose a manufacturer or retailer that uses renewable energy? We're helping UK businesses to go green

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