Matthew Wright, UK Managing Director at Ørsted, comments on the Committee on Climate Change (CCC) report.
Commenting on the Committee on Climate Change (CCC) report, Matthew Wright, Managing Director at Ørsted UK, said: “The CCC report highlights that the action needed to decarbonise the UK is both achievable and affordable. As a company that has divested its fossil fuel business to invest only in renewable energy, we are convinced that we can transition to a world that runs entirely on green energy and that this transition creates a great economic opportunity for the UK.”
Commenting on the report’s call for at least 75GW of offshore wind by 2050, Matthew Wright, MD at Ørsted UK, said. “75GW of offshore wind by 2050 is definitely achievable. The cost of offshore wind has already reduced to the point where it is comparable with conventional generation, and it’s continuing to fall. The UK has a rapidly expanding supply chain supporting the offshore wind sector, which is creating thousands of new jobs, and we are confident of attracting the tens of billions of pounds of investment required to make this a reality.”
