UK Launches GBP 160 Million Floating Wind Funding Round, Industry Not Satisfied With Investment
The title of this post, is the same as that of this article on offshoreWIND.biz.
This is the sub-heading.
The UK Government has announced that up to GBP 160 million in grant funding will be made available for certain investments for the floating offshore wind sector
These three paragraphs outline the scheme,
The Department of Energy Security and Net Zero (DESNZ) has established the Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS) to distribute GBP 160 million in funding to support critical port infrastructure that could enable the delivery of floating offshore wind.
Through this scheme, the government hopes to enable the delivery of the country’s 5 GW 2030 deployment ambition by securing additional suitable port capacity necessary to scale up and accelerate floating offshore wind deployment in the UK, as well as to increase capability in the UK floating wind supply chain, drive cost reduction, and the commercialisation of floating offshore wind technology.
In addition, the government hopes that this scheme will deliver industrial growth and associated regional economic and social benefits (for example, quality jobs and increased GVA).
Note.
- The scheme is called FLOWMIS.
- It seems to be geared to improve port infrastructure.
- It looks like some of these projects will be needed to support ScotWind and INTOG.
- This page on the Government web site, gives the latest state of FLOWMIS.
FLOWMIS could bring forward some interesting projects.
The Anonymous Widower 
What about tide power predictable, continuous if planned properly why is the government against it? It must be cheaper that nuclear. There even some old river sites still in existence.
Comment by Ben | March 31, 2023 |
The Government treats tidal stream power like wind and solar. It issued several leases in the latest Contracts for Difference round.
Comment by AnonW | March 31, 2023 |