Offshore Wind Sector to Benefit From £1.5M

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Companies in offshore wind sector will benefit from £1.5M of funding to increase innovation, reduce costs and encourage investment.

The Scottish Government has awarded £1.5M of funding to the Carbon Trust to support its Offshore Wind Accelerator (OWA) research and design programme.

The OWA has been supporting innovation including the development of floating windfarms, driving forward new technologies in the offshore wind sector and are seen by the renewables industry as a key area for growth.

Previous funding has supported research into the use of concrete foundations for offshore windfarms in deeper waters and the floating wind technology market.

The Carbon Trust will fund projects in three areas. It will continue to explore the opportunity that floating offshore wind offers to Scotland, encourage international collaboration on offshore wind developers most pressing problems, such as efficiency, and share knowledge on innovation and cost reduction between partners.

Energy Minister Paul Wheelhouse said: “The Offshore Wind Accelerator (OWA) is a collaborative programme run by the Carbon Trust, which aims to reduce the cost of offshore wind through technological innovation.

“Previous Scottish Government support for the OWA has helped develop new ideas in key areas of importance to companies operating in Scottish waters and I have no doubt this new funding will help firms to continue this important work.

“Only last week, around 350 jobs were announced as a direct result of the construction of the Beatrice Offshore Windfarm, highlighting the massive opportunity offshore wind presents to Scotland and the Scottish economy.

“Innovation in renewables also continues to contribute to the excellent progress we are making on reducing greenhouse gas emissions after the recent announcement that Scotland has exceeded our 2020 target to reduce greenhouse gas emissions by 42% six years early.

“I will be attending Renewable UK’s Global Offshore Wind Conference on Wednesday in Manchester where I look forward to discussing not only this important announcement but the Scottish Government’s continued support for this important part of the renewables sector.”