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Reconciling economic impacts from offshore energy developments in the UK

Funder: UK Research and InnovationProject code: 2300524
Funded under: EPSRC

Reconciling economic impacts from offshore energy developments in the UK

Description

The aim of this PhD is to contribute to the understanding of the economic impacts of offshore wind activity in the UK, by reconciling the ambitions for the future of the industry with current measures of economic contribution. By examining the current metrics for economic contribution of renewable energy, and reconciling the differences across such measures, a narrative for the industry can be developed. Detailed engagement with stakeholders across the sector will help to develop a qualitative understanding of the potential impact from the future trajectory of offshore renewable energy developments. Understanding the link between offshore development and its economic contribution is vital to avoid a gap emerging between the ambitions of the Sector Deal and existing economic measures for the industry.

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