United Kingdom (UK) Wind Power Market Analysis by Size, Installed Capacity, Power Generation, Regulations, Key Players and Forecast to 2035
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UK Wind Power Market Report Overview
The cumulative installed capacity for wind power in the UK was 28.76 GW in 2022. It is expected to achieve a CAGR of more than 9% during 2022-2035. The UK Wind Power market research report offers comprehensive information and an understanding of the wind power market in the UK. The report discusses the renewable power market in the country and provides forecasts up to 2035.
UK Wind Power Market Outlook, 2022-2035 (GW)
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The report highlights installed capacity and power generation trends from 2010 to 2035 in the country’s wind power market. Detailed coverage of the renewable energy policy framework governing the market is also provided in the report. The report provides company snapshots of some of the major market participants.
Cumulative Installed Capacity (2022) | 28.76 GW |
CAGR (2022-2035) | >9% |
Historical Period | 2010-2022 |
Forecast Period | 2023-2035 |
Key Types | · Onshore Wind
· Offshore Wind |
Key Deal Types | · Asset Transactions
· Acquisitions · Partnerships · Private Equity · Equity Offering · Debt Offerings · Venture Financing · Merger |
Key Active Plants | · Hornsea Project Two
· Hornsea Project One · Moray Firth East · London Array · Triton Knoll |
Key Companies | · Vattenfall Wind Power Ltd
· Greencoat UK Wind PLC · E.ON UK Plc (E.ON UK) · The Renewables Infrastructure Group Ltd (TRIG) · Good Energy Group Plc (Good Energy) |
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UK Wind Power Market Segmentation by Types
The key types in the UK wind power market are onshore wind and offshore wind. In 2022, UK onshore wind power generation had a higher capacity share.
UK Wind Power Market Analysis by Types, 2022 (%)
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UK Wind Power Market Segmentation by Deal Types
The key deal types in the UK wind power market are asset transactions, acquisition, partnerships, private equity, equity offering, debt offerings, venture financing, and merger. In 2022, asset transactions had the highest number of deals.
UK Wind Power Market Analysis by Deal Types, 2022 (%)
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Major Active Plants in the UK Wind Power Market
Some of the major active plants in the UK wind power market are Hornsea Project Two, Hornsea Project One, Moray Firth East, London Array, and Triton Knoll among others. Hornsea Project Two had the highest capacity in the wind power market.
UK Offshore Wind Power Market Analysis by Active Plants, 2023 (%)
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UK Wind Power Market – Competitive Landscape
The key companies in the UK wind power market are:
- Vattenfall Wind Power Ltd
- Greencoat UK Wind PLC
- ON UK Plc (E.ON UK)
- The Renewables Infrastructure Group Ltd (TRIG)
- Good Energy Group Plc (Good Energy)
Vattenfall Wind Power Ltd: It, a subsidiary of Vattenfall AB, is a wind power developer and operator. The company also operates wind power turbines, apart from offshore and onshore wind farms. Its project portfolio includes Aultmore, Banffshire, Clashindarroch II Wind Farm Proposal, Cnoc a Fhionn, Argyll and Bute, European offshore wind deployment center, Hirddywel, Powys, Llanbadarn Fynydd, Powys, Mynydd Lluest y Graig, Powys, Norfolk Boreas, Norfolk Vanguard, Ourack – Exploring the Wind Energy Potential, Pen y Cymoedd, South Wales, Ray, Northumberland, South Kyle, and Thanet Extension. The company has a business presence in England, Scotland, and Wales.
UK Wind Power Market Analysis by Companies
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Segments Covered in the Report
UK Wind Power Market Type Outlook (Value, 2010-2035, GW)
- Onshore Wind
- Offshore Wind
UK Wind Power Market Deal Type Outlook (Value, 2010-2035, GW)
- Asset Transactions
- Acquisition
- Partnerships
- Private Equity
- Equity Offering
- Debt Offerings
- Venture Financing
- Merger
Scope
The report includes:
- A brief introduction to global carbon emissions and global primary energy consumption.
- An overview of the country’s renewable power market, highlighting installed capacity trends, generation trends, and installed capacity split by various renewable power sources.
- Detailed overview of the country’s wind power market with installed capacity and generation trends and major active and upcoming wind power projects.
- Deal analysis of the country’s wind power market.
- Key policies and regulatory framework supporting the development of wind power sources.
- Snapshots of some of the major market participants in the country.
Key Highlights
Enhance your decision-making capability in a more rapid and time sensitive manner.
Identify key growth and investment opportunities in country’s wind power market.
Facilitate decision-making based on strong historic and forecast data for wind power market.
Position yourself to gain the maximum advantage of the industry’s growth potential.
Develop strategies based on the latest regulatory events.
Identify key partners and business development avenues.
Understand and respond to your competitors’ business structure, strategy and prospects
Reasons to Buy
- The report will enhance your decision-making capability in a more rapid and time-sensitive manner.
- Identify key growth and investment opportunities in the country’s wind power market.
- Facilitate decision-making based on strong historical and forecast data for the wind power market.
- Position yourself to gain the maximum advantage of the industry’s growth potential.
- Develop strategies based on the latest regulatory events.
- Identify key partners and business development avenues.
- Understand and respond to your competitors’ business structure, strategy, and prospects.
Solar PV
Hydropower
Wind power
Thermal
Nuclear
Transmission
Distribution
Compound Annual Growth Rate
Market Size
Generation
Installed Capacity
Trends
Renewable Portfolio Standard
Auctions
Competitive Landscape
Tenders
Table of Contents
Table
Figures
Frequently asked questions
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What was the UK wind power market's cumulative installed capacity in 2022?
The cumulative installed capacity for wind power in the UK was 28.76 GW in 2022.
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What is the UK wind power market growth rate?
The UK wind power market is expected to achieve a CAGR of more than 9% during 2022-2035.
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Which was the leading power generation type in the UK wind power market?
In 2022, UK onshore wind power generation had a higher market share.
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Which was the leading deal type in the UK wind power market?
In 2022, asset transaction was the leading deal type in the UK wind power market.
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What are the major active plants in the UK wind power market?
Some of the major active plants in the UK wind power market are Hornsea Project Two, Hornsea Project One, Moray Firth East, London Array, and Triton Knoll among others. Hornsea Project Two had the highest capacity in the wind power market.
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What are the key companies in the UK wind power market?
The key companies in the UK wind power market are Vattenfall Wind Power Ltd, Greencoat UK Wind PLC, E.ON UK Plc (E.ON UK), The Renewables Infrastructure Group Ltd (TRIG), and Good Energy Group Plc (Good Energy).
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