UK and New Zealand to collaborate on offshore wind energy
The UK government has unveiled plans to collaborate with New Zealand to develop the offshore wind energy sector. A new report by energy consultancy Xodus has highlighted the significant opportunity to be gained from New Zealand harnessing offshore wind power. With 15,000km of coastline, the report states that New Zealand possesses the essential ingredients to accelerate its offshore wind industry: one of the world’s best wind resources, regulatory framework, government support and social need. While New Zealand is just past the starting gates of its wind power journey, the UK is the world’s second-largest offshore wind market with 13.9 gigawatts fully commissioned as of 2023 and boasting a highly capable supply chain. Indeed, in July 2024 Great British Energy announced that it will…