Aldous welcomes local economic benefits from multi-million pound investment in offshore wind industry

Waveney MP Peter Aldous this week welcomed investment into the offshore wind industry as a means to boosting the local economy.

The Government has come together with businesses to publish a long-term strategy that will strengthen the UK’s position in the offshore wind industry.

Deputy Prime Minister Nick Clegg and Energy Secretary Ed Davey launched the strategy, which is expected to unlock £7 billion in the economy by 2020.

The multi-million pound investment is twofold:-

  • £20 million from the Regional Growth Fund to improve the UK wind industry’s supply chain;
  • £46 million to join up innovation between industry, Government and academia and help companies bring new products to the offshore wind market.

The offshore wind industry has the potential to create 30,000 jobs and contribute £7 billion to the economy by 2020, which could increase with exports.

Mr Aldous said:

“It is important that as a nation we take advantage of the economic benefits of Britain’s offshore wind energy and make use of the technology available to create both energy and enterprise.

“The investment strategy is fantastic news for boosting supply chain manufacturing, supporting local businesses, developing skills and creating jobs in the energy sector in the Waveney area.”

The Renaissance of East Anglian Fisheries

Construction (Retention Deposit Schemes) Bill

Construction (Retention Deposit Schemes) Bill


Peter holds regular surgeries at various locations in the constituency. Please call 01502 586568 to make an appointment.

Next Surgeries - 2018: 
Lowestoft, Wednesday 8th August



A47 Alliance

Suppor the A47 Alliance

Download the report...

A47 Gateway to Growth

Your Local Councillors

Enter your Postcode below for details of all your elected representatives:


Lowestoft Transport Prospectus

Constituency Map

View Waveney in a larger map