UK and Japan to cooperate on offshore wind development
The partnership outlines co-investment and floating technology testing, targeting supply chains and costs.
The UK’s Department for Energy Security & Net Zero and Japan’s Ministry of Economy, Trade and Industry have signed the new industrial compact.
The formal agreement follows the signing of the Memorandum of Co-operation in offshore wind last year and the Energy and Climate Dialogue held in February this year.
Floating offshore wind (FLOW) and deepwater offshore wind were highlighted as priority development areas for both governments. They believe these technologies have the potential to contribute to decarbonisation and energy security on a commercial scale.
Commercial deployment, strengthening and diversifying supply chains, reducing costs, and developing an aligned approach are highlighted as key objectives in the compact.
The shared framework reportedly combines the UK’s strengths in offshore wind policy with Japan’s growing industrial and manufacturing capacity.
This partnership aims to increase investment and exports in both markets and position the countries as global leaders in floating and deepwater offshore wind technologies.
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