| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2020 - 2023 |
| CAGR | 6.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
UK Wind Power Market Analysis
The United Kingdom Wind Energy Market is expected to register a CAGR of greater than 6% during the forecast period.
The offshore wind segment is likely to witness significant growth due to the increasing number of wind energy projects in the offshore segment.
The United Kingdom has set targets to achieve net-zero emissions by 2050 as part of its commitment to the Paris Climate Accord signed during the COP26. Such targets are expected to create significant opportunities for players involved in the UK wind energy market soon.
The increasing adoption of alternative renewable energy sources, such as solar, hydropower, biomass, etc., may restrain the market growth during the forecast period.
UK Wind Power Market Trends
Offshore Segment to Dominate the Market
The installed offshore wind energy capacity in 2020 stood at 10,383 MW as compared to 1341 MW in 2010, signifying rapid growth over the decade.
The increasing installed offshore wind energy is being aided by upcoming projects and favorable government policies. For instance, in January 2022, the UK government announced more than GBP 60 million of public and private funding to advance research and development in floating offshore wind projects. The government plans to invest GBP 31.6 million in 11 projects as part of the Floating Offshore Wind Demonstration Programme.
Furthermore, in February 2022, RWE AG won a ten-year contract for the operation, service, and maintenance of the 630 MW London Array Offshore wind farm in British waters of the Kent coast. The company already operates eight offshore wind parks in the country with over 1.3 GW of pro-rata capacity and has a portfolio of a further 6.5 GW of offshore projects under construction or development.
In February 2022, Vattenfall AB received development consent from the UK government for the 1.8-GW Norfolk Vanguard offshore wind project.
Owing to the abovementioned factors, the offshore segment is expected to dominate the UK wind energy market during the forecast period.
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Increasing Adoption of Alternative Renewable Energy Sources Restraining Market Demand
The UK government has set a target to achieve 100% of its power need through renewables by 2035. As a result, several projects are underway to construct renewable energy power plants, including solar, wind, hydropower, biomass, etc.
As of 2020, large-scale and small-scale hydropower capacity installations stood at 1,876 MW, and solar PV capacity installations stood at 13,563 MW, whereas the capacity installations of wind energy stood at 24,485 MW. However, the United Kingdom is witnessing significant developments in solar power plants, hydropower plants, biomass-based energy generation, etc., in addition to wind energy, owing to the increasing number of projects during the forecast period.
For instance, in February 2022, Intelligent Land Investment Group (ILI) commenced the initial planning phase for its new 1.5 GW pumped storage hydro (PSH) project in Balliemeanoch, at Loch Awe in Argyll & Bute, Scotland. The power plant will be able to supply 1.5 GW of power for up to 30 hours, enough to power 4.5 million homes.
Also, in February 2022, Steag Solar Energy Solutions secured permission to build a 50 MWp solar park in East Anglia's Norfolk region. The power plant is expected to generate around 55 GWh of electricity annually once completed.
In March 2022, Anesco obtained planning approval for three solar projects in the United Kingdom with a combined capacity of 55 MW. The construction is expected to start by the end of 2022.
Therefore, based on the abovementioned factors, the increasing adoption of alternate renewable energy sources like solar, hydro, etc., are expected to restrain the market growth during the forecast period.
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UK Wind Power Industry Overview
The UK wind energy market is moderately consolidated. Some of the major players involved in the market are Siemens Gamesa Renewable Energy SA, Vattenfall AB, General Electric Company, Vestas Wind Systems AS, and Orsted AS.
UK Wind Power Market Leaders
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Vattenfall AB
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Vestas Wind Systems A/S
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Orsted A/S
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Siemens Gamesa Renewable Energy S.A.
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General Electric Company
- *Disclaimer: Major Players sorted in no particular order
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UK Wind Power Market News
In February 2022, Copenhagen Infrastructure Partners PS announced a partnership with Bute Energy, a company with some 2 GW of renewable energy projects under development in Wales. Copenhagen Infrastructure Partners will invest in Bute's portfolio of onshore wind projects along with other projects. The projects are scheduled to come online in 2024.
In February 2022, Orsted AS announced that it was in the advanced stage of negotiations to offload part of its 1.3 GW-plus UK offshore wind project Hornsea 2, to a French investor group.
UK Wind Power Industry Segmentation
The UK wind energy market report includes:
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UK Wind Power Market Research FAQs
What is the current United Kingdom Wind Energy Market size?
The United Kingdom Wind Energy Market is projected to register a CAGR of greater than 6% during the forecast period (2025-2030)
Who are the key players in United Kingdom Wind Energy Market?
Vattenfall AB, Vestas Wind Systems A/S, Orsted A/S, Siemens Gamesa Renewable Energy S.A. and General Electric Company are the major companies operating in the United Kingdom Wind Energy Market.
What years does this United Kingdom Wind Energy Market cover?
The report covers the United Kingdom Wind Energy Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the United Kingdom Wind Energy Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Wind Energy in UK Industry Report
Statistics for the 2025 United Kingdom Wind Energy market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. United Kingdom Wind Energy analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
