UK More Than Doubles Clean Energy Scheme for Offshore Wind
5 Articles
5 Articles
UK More Than Doubles Clean Energy Scheme for Offshore Wind
The UK is more than doubling the funding for a so-called Clean Industry Bonus to support offshore wind projects, just as the world’s biggest offshore wind project developer, Orsted, pulled the plug on a major UK plan due to worsened economics. The UK government announced on Friday that it is bumping up the budget for the Clean Industry Bonus to $722 million (£544 million) from an initial $265 million (£200 million). Under the Labour government’s…
Maritime Renewable Energy: Unlocking the Ocean’s Power for a Clean Future
The Untapped Potential of Ocean Energy As the Earth is 70% ocean and sea by surface, it is no surprise that a lot of the Earth's resources are found offshore. However, this is an inherently more difficult environment for a land-based creature like humans. As a result, ocean energy has so far been poorly harvested, mostly limited to offshore oil & gas exploitation and offshore wind farms. But there is a lot more potential for energy generation at…
The Crown Estate Set to Increase Capacity of Seven Offshore Windfarms
Awel y Môr The Crown Estate is proceeding with its Capacity Increase Programme to maximise the potential of existing offshore wind lease areas – including the Awel y Môr Offshore Wind Farm in North Wales. An additional 4.7GW of energy could be generated from the delivery of the programme by amending existing seabed rights to increase the capacity of seven fixed-bottom offshore windfarms located around Wales and England. This decision supports th…
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