The UK government has announced that it will invest £55.7 million into a Scottish port to make it a major hub for the development of floating offshore wind turbines.
Industry leaders from Shell, the Crown Estate, Simply Blue, Arup and Siemens Energy discussed the ‘growing pains’ of offshore wind in a session at All Energy Glasgow this week.
Equinor is interested in developing a gigawatt scale floating offshore wind farm in the Celtic Sea in a bid to increase its renewable energy generation portfolio.
The government has appointed Tim Pick as the UK’s first Offshore Wind Champion as it calls for information on how to invest the Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS).
More floating wind projects have been offered option agreements through ScotWind Leasing than fixed, with almost £700 million in option fees to now be passed to the Scottish government.
The fourth round of the Contracts for Difference (CfD) auction has opened, with a target of 12GW of electricity capacity set to gain £285 million of funding.
Up to £160 million of government funding is now available to developers and manufacturers looking to invest in UK large-scale floating offshore wind ports and factories.
