About this event
Join us in London for coffee and conversation as we explore the latest trends in the local and global energy markets!
Market Intelligence Manager, Sharanya Kumaramurthy, will deliver an insightful industry update on UK Offshore Wind. She’ll be joined by EIC Energy Analyst, Nabil Ahmed, who will share updates on Solar, Sustainable Aviation Fuel, and Onshore Wind from the UK market.
The UK energy sector is poised for significant growth, with ambitious targets driving innovation across solar, sustainable aviation fuel (SAF), and onshore wind. Solar energy leads the charge with 356 projects in the pipeline, totalling 28GW of capacity as the nation works toward an impressive 70GW target by 2035.
In SAF, the UK stands as Europe’s leading market, with 18 projects underway and 5 set to reach FID by 2025.
Onshore wind is also set for a major boost, with 301 projects in development and 21GW in the pipeline, supporting the UK’s commitment to double its onshore wind capacity by 2030.
Offshore wind boasts 92 projects totalling over 110GW, with more than 67% focused on floating wind technologies. A new target of 55GW by 2030, set under Labour, underscores the sector's momentum, with the 4.5GW Celtic Sea auction results anticipated in Q3 2025.
CCS and hydrogen are also making strides, with 79 and 108 projects respectively. Green hydrogen dominates the H2 pipeline, representing 81% of projects, while CCS initiatives are beginning to secure FID, paving the way for the hydrogen industry to follow suit. These advancements position the UK as a leader in the global energy transition.
This is a fantastic opportunity to connect with fellow EIC members, expand your professional network, and discuss local market challenges, innovative solutions, and potential collaboration opportunities.We look forward to seeing you there!
Event Details:
Date: Thursday 23 January 2025
Time: 09:00 – 11:00am
Location: EIC London Office
EIC Members Only