The emergence of the industry will be vital to accelerating and scaling decarbonisation of the economy to enable our ‘Net Zero’ national decarbonisation strategy. Offshore wind is particularly important for decarbonising hard-to-abate emissions associated with transport fuels and industrial feedstocks as it can unlock high levels of green hydrogen production and Power-to-X (PtX) synthetic fuels.
This study shows that on balance, offshore wind may provide significant benefits for the economy, environment, energy sector, and local communities. Detailed analysis and careful planning will be required to better understand and address potential consequences for the natural environment and energy markets, but offshore wind is likely to provide better outcomes overall when included in our energy mix.
