Climate change is a reality, and it’s rapidly changing the conditions of life on Earth. To protect our shared home, we need to become better at powering it with green energy. Our aim is to develop and deploy market leading green energy solutions that benefit the planet and our customers alike, further driving down the cost of green energy. By deploying renewable energy resources at scale, we want to revolutionise the way we power people and reduce the effects of climate change.
Over the past 30 years we have established our company as a global leader in offshore wind with a 25 per cent market share. We develop, construct and operate offshore wind farms in Europe, the US and Asia, and have built enough offshore wind to power 9.5 million people. By 2025, our ambition is to power 30 million people with offshore wind. The UK is our biggest market with twelve offshore wind farms already operation. We have invested over £13 billion in the construction of new wind farms in the UK and anticipate spending the same again over the next decade. We are committed to ensuring that our presence contributes to sustainable growth and development, helping to support UK net-zero targets and benefit the communities in which we operate.
We are also helping to support a growing UK supply chain. In the past five years alone, we have placed major contracts with nearly 100 UK suppliers.
In addition to offshore wind, we have UK projects in onshore wind located in Scotland, renewable hydrogen – also known as green hydrogen – which will play a vital role in decarbonising industry and transport, energy storage from renewable sources and Renescience, an innovative bioenergy technology that converts unsorted household waste to energy using an enzyme treatment process.