Published 1 month ago

Offshore wind projects could be at risk as demand for steel rises, report warns

The UK may face steel shortages for wind farms if they turn to the international market, potentially causing price spikes.
Offshore wind farms in the UK will require close to 3.8 million tonnes of steel between 2025 and 2027 to meet ambitious government targets.
To ensure project delivery, collaboration between UK industry and government is crucial to maintain a steady supply of steel as the country aims to produce 50GW of wind power by 2030.

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Shropshire Star

Potential spikes in steel prices could endanger offshore wind projects – report

There is likely to be an explosion of demand for steel in the UK, and the potential price spikes that could follow could delay key projects, such as the expansion of offshore wind, a report has claimed.

1 month ago·Ketley, United Kingdom

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Evening Standard

Potential spikes in steel prices could endanger offshore wind projects – report

Tata Steel is planning to shut its furnaces in Port Talbot, Wales.

1 month ago·London, United Kingdom

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Sky News UK

Offshore wind projects could be at risk as demand for steel rises, report warns

If the UK finds itself relying on the international steel market, prices could spike and steel-hungry offshore wind projects could be delayed, a report says.

1 month ago·United Kingdom

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City AM

Creeping steel demand could threaten UK offshore wind projects

Rising demand for steel in the UK, and the potential price spikes that could follow, could delay the future expansion and development of British offshore wind projects, a new report has warned.

1 month ago·London, United Kingdom

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Nation.Cymru

Potential spikes in steel prices could endanger offshore wind projects – report

Photo Leighton Collins / Shutterstock.com There is likely to be an explosion of demand for steel in the UK, and the potential price spikes that could follow could delay key projects, such as the expansion of offshore wind, a report has claimed. Domestic projects will have to start relying on foreign steel unless production in the UK is “ramped up,” which would be “unlikely” after plans to close the furnaces at the Port Talbot steelworks were ann…

1 month ago

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