Energi Coast, North East England’s renewables group, has welcomed the Government’s announcement to maintain the level of subsidies for offshore wind as part of its National Infrastructure Plan. The plan sets out a commitment to maintain the guaranteed price of offshore wind, known as strike prices,
RenewableUK has welcomed the publication of the National Infrastructure Plan 2013 by the Treasury, which confirms the levels of financial support for onshore and offshore wind between 2015 and 2019. The reduction in financial support for offshore wind is less steep than had been mooted in the draft
Mainstream Renewable Power today confirms that its 450 megawatt offshore wind farm in Scotland has been announced by the Department of Energy and Climate Change (DECC) as one of the first projects eligible to apply for the UK’s new renewable energy support scheme. DECC has this morning published det
Additional investments of around £40 billion are expected in the UK’s renewable electricity generation projects up to 2020, following updated contract terms and strike prices published today and wider reforms to the electricity market. The strike prices and contracts reinforce the UK’s position as o
The Welsh Economy Research Unit at Cardiff University has published a report on the economic potential of Swansea Bay Tidal Lagoon. The report predicts that capital investment would be £756 million of which £300 million will be spent in Wales (40%). This could result in a total additional £454m of a
The UK Government will soon announce that it will reduce subsidies for solar power and onshore wind, in order to give more support to offshore wind development. This move is a part of the new strategy on energy subsidizing from the Government, the BBC informs. The most recent “strike prices” draft w
TAG Energy Solutions continued to build its presence in the international offshore wind market with an appearance at EWEA Offshore in Frankfurt. The event brought together thousands of wind industry professionals from the entire supply chain attracting senior management from all of the major develop
Leo Hambro, Commercial Director of Tidal Transit, has announced that the company had just been awarded its third 18-month vessel charter contract by Scira Offshore Energy Limited. This will see the Eden Rose working alongside its sister vessels Ginny Louise and Tia Elizabeth transporting turbine tec
The Energy Technologies Institute (ETI) has appointed Stuart Bradley to the post of Offshore Renewables Strategy Manager. Stuart will be responsible for the strategy of its offshore wind and marine technology programmes, and will work closely with Simon Cheeseman, the ETI’s Marine programme manager
PKA will provide EUR 120 million in the form of a subordinated loan to Project Gemini, Typhoon Offshore announced today. It is the first time that a pension fund finances an offshore wind park in The Netherlands ahead of construction. The 600MW offshore wind farm that is currently being brought to f
Representatives from the South West Marine Energy Park (SWMEP) and the Channel Islands Marine Energy Group (CIMREG) met in London at the International Tidal Energy Summit on Wednesday to finalise details of a memorandum of understanding (MoU) between the two organisations. The MoU, signed today betw
From October 21, the management of the Nordic Offshore Marine group has changed. Founder and Managing Director Søren Mikkelsen has decided to change position within the Nordic Offshore Marine group and will in future work as an operational member of the board, specifically involved in the Nordic Off
Atlantis Resources Limited, an international tidal energy company, has acquired the largest tidal energy project in Europe – MeyGen, which is located in the Pentland Firth. The announcement comes shortly after the MeyGen project received its offshore planning consents from the Scottish Government, a
Gardline Marine Sciences Limited has officially opened its office in Aberdeen. The office based in the heart of the city along Riverside Drive, will engage and support the local energy market by offering a highly bespoke and competitive service to the energy sector. Gardline celebrated the newly ope
