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Marine Recovery Fund Set to Unlock £30bn for Offshore Wind Expansion

Hanaa Siddiqi



The UK Government is set to fast-track offshore wind farm approvals by introducing a Marine Restoration Fund to replace complex environmental compensation requirements with a more efficient funding model. This initiative is part of a broader effort to streamline planning and permitting for offshore energy projects, ensuring that drawn-out environmental disputes no longer stall renewable energy expansion.


Under the new system, developers of offshore wind projects will contribute to the Marine Restoration Fund instead of navigating the traditional site-specific environmental assessment process. The fund will finance the creation of new Marine Protected Areas (MPAs) or the expansion of existing ones, providing targeted ecological restoration efforts while allowing wind farm construction to move forward without prolonged delays.


This reform comes amid growing frustration over outdated reporting requirements that have hindered the UK’s renewable energy ambitions. By accelerating project approvals, the government aims to protect 30% of UK seas by 2030 while significantly boosting offshore wind capacity.


By streamlining offshore wind permissions, ministers have greenlit up to 13 significant projects, expected to generate a combined 16 gigawatts (GW) of electricity—matching the UK’s total gas-fired power output from last year. The initiative is set to create thousands of jobs in the renewable energy sector, providing an economic boost while ensuring environmental safeguards remain in place.


Marine Minister Emma Hardy said: “Under the Government’s Plan for Change, we are committed to boosting growth and making Britain a clean energy superpower while defending our important marine habitats.


“These changes show we can make significant progress in expanding homegrown British clean power in a way that protects vulnerable sea life.”

Energy Minister Michael Shanks said: “Offshore wind will be the backbone of delivering clean power by 2030 as we enter a new era of clean electricity.


“As part of the Government’s Plan for Change, today’s announcement will help unlock crucial offshore wind projects that will boost our energy security, protect billpayers from volatile fossil fuel markets, and help make the UK a clean energy superpower.”


RenewableUK’s environment and consenting co-programme manager Kat Route-Stephens called the move a “win-win for nature, the economy, billpayers and the planet”.


The nature charity RSPB called the changes a “positive step towards ensuring renewable energy doesn’t come at the cost of the marine environment.”


The Nature Restoration Fund: A Broader Vision


This move follows the recent unveiling of the Nature Restoration Fund, which adopts a similar approach for other critical infrastructure projects, including nuclear plants, transport networks, and large-scale renewable developments. Instead of requiring project-specific environmental mitigation, developers will make a single contribution to the fund, which will be managed by bodies like Natural England to finance broader ecological recovery efforts, such as habitat restoration and water pollution reduction.


Proponents argue that this approach will eliminate bureaucratic red tape, making it easier to deliver large-scale projects that drive economic growth and energy security. However, conservationists warn that replacing site-specific protections with a centralized funding mechanism risks weakening biodiversity safeguards.


Despite criticism, the government maintains that the Marine Restoration Fund and the Nature Restoration Fund represent a more strategic and effective way to balance infrastructure expansion with ecological preservation. As the UK pushes forward with its clean energy transition, these reforms signal a shift toward a more pragmatic and investment-friendly regulatory framework.

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