In examining the UK's Offshore Wind Sector Deal it is worth first considering what each party - industry and government - would have wanted from the deal. The government wanted high volume, low carbon electricity with the least cost to the taxpayer, and more UK jobs. The industry wanted volume, market certainty, a competitive supply chain and no restrictive local content mandates. Overall, both parties will wish they had got more but will be happy. And that is the sign of a good deal. The government will feel that it succeeded in getting the industry to put its hand in its pocket to support cost reduction and local jobs. The industry wanted more than 30 GW as it feels that this is probably the minimum the government needs. It knows, however, that further cost reduction will render other sectors uncompetitive, with the exception of onshore wind.
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