The Department for International Trade (DIT) promotes British businesses worldwide. DIT is an international trade department, responsible for:
- Bringing together policy, promotion and financial expertise to break down barriers to trade and investment, and help businesses succeed;
- Promoting British trade and investment across the world;
- Building the global appetite for British goods and services.
DIT is looking to attract inward investors into the UK while at the same time making sure that companies in the UK can export their goods to the wider world.
The UK has a very enviable record in the installation of offshore wind. The UK has been driving this market for a number of years now and is the single largest country with the installed base for offshore wind with over 10 GW of installed capacity in UK waters.
UK strengths in clean industries:
- The UK is the world leader in low carbon and the statement on net zero by 2050 was announced recently. This will act as an accelerant for the transition to low carbon economy.
- We have made sizeable steps in the decarbonising our electricity – we are world leaders in offshore wind with above 10GW of installed capacity and committed to 40GW by 2030.
- We have driven the cost reduction in offshore wind as well as in solar – enabling cost competitive renewables across the world.
- Because of the experience gained from installing large number of wind farms (over 30) we have expertise in operation, maintenance and marine services. The UK has engineering and project management expertise that is essential in the successful delivery of offshore wind farms.
- The UK has developed a strong and stable regulatory framework to drive investments in the clean growth sectors.
- The huge scale of the UK industry has led to a growing and innovating offshore wind supply chain capability across the wind farm life-cycle, from surveys and feasibility, to manufacture and supply, installation, operation and maintenance, and related financial and professional services.