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<p>The UK is the world’s largest offshore wind market with 9.8GW installed, which
is expected to rise to 14GW by 2023 and 19.5GW by 2026. On 23 July 2018, the Government
announced the timetable for future Contracts for Difference auctions, which is the
main mechanism for deploying new renewable technologies. The auctions have the potential
to deliver up to 2GW of new offshore wind every year in the 2020s, which has given
long term vision and clarity to the offshore wind sector.</p><p> </p><p>The Offshore
Wind Sector Deal, published on 7 March 2019, will build on the UK’s global leadership
in offshore wind bringing a strategic approach to deliver increased capacity of offshore
wind, while boosting the UK economy, enhancing growth in the regions while continuing
to reduce costs.</p><p> </p><p>Onshore wind has also deployed successfully to date
in the UK, recently exceeding 14GW of installed operational capacity. Onshore wind
continues to fall in cost and has resulted in several merchant onshore wind sites
being deployed to date.</p>
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