According to Johnson, that’s absolutely not the case. He said the government would invest £160 million (roughly $207 million) in ports and factories that can develop “the next generation of turbines.” The Prime Minister also promised to deploy floating turbines that can deliver 1GW of offshore wind energy by 2030. “The Government has raised the ambition for offshore wind and renewables, and our industry is ready to meet the challenge,” Hugh McNeal, CEO of trade association RenewableUK said.

According to Aurora Energy Research, however, though, “almost £50 billion in capital investment” is required to meet the 40GW target. The UK has