The Global Underwater Hub (GUH): Unlocking the Potential of the Underwater Industry for Floating Offshore Wind

The Global Underwater Hub (GUH) is on a mission to advocate for strategic government support for the underwater industry, citing its crucial role in tapping into the emerging floating offshore wind sector. This sector is estimated to be worth £270 billion domestically, with a potential export market of £1 trillion. GUH, representing the UK’s £9.2 billion underwater industry, aims to position the UK as a global leader in developing the next generation of floating offshore technology, creating numerous jobs and establishing itself as a center of excellence.

The Key Role of the Underwater Industry

Components such as undersea cables, moorings, and anchor systems are vital for the infrastructure required to support floating offshore wind projects. The UK’s underwater industry excels in manufacturing and assembling these components, as well as in overcoming challenges related to installation, operation, and maintenance in harsh conditions and deep waters.

Neil Gordon, the CEO of GUH, emphasized the importance of government investment in the underwater industry, highlighting the competitive advantage the UK holds in this sector. Unlike traditional fixed offshore wind projects, where manufacturing has often been outsourced, the UK’s expertise in dynamic undersea systems positions it as a global leader in floating offshore wind technology.

Seizing the Opportunity

With the offshore wind sector presenting one of the largest industrial opportunities in recent times, GUH stresses the need for the UK’s underwater industry to meet the growing demand for subsea technology and services. Failure to invest in this sector could result in the UK lagging behind other nations, rather than leading the way as an innovator and major supplier.

By prioritizing and investing in the underwater industry, the UK has the potential to create thousands of green jobs, transition oil and gas roles into renewables, bolster domestic infrastructure, and secure export orders. This strategic focus will not only safeguard the country’s energy supply but also protect critical underwater energy and communications infrastructure, especially in light of increasing threats from hostile nations.

Government Support and Industry Needs

In response to the government’s industrial strategy consultation, Invest 2035, GUH outlined the necessary support for the underwater industry to capitalize on the opportunities presented by floating offshore wind. Key requirements include project certainty, streamlined consenting processes, investment in research and development, port infrastructure, and grid capacity.

Mr. Gordon emphasized the importance of a clear project pipeline and improved consenting procedures to attract investment and enable the supply chain to scale up effectively. Recognizing the strategic significance of the underwater industry and prioritizing government investment are essential steps to realizing the full potential of the sector and maximizing economic value for the UK.

In conclusion, the Global Underwater Hub’s advocacy for government support underscores the critical role of the underwater industry in driving the growth of floating offshore wind and positioning the UK as a global leader in this emerging sector.