Blog Archives

Government to promote offshore wind investment

Government to promote offshore wind investmentBusiness and Energy Minister Michael Fallon has announced the creation of an Offshore Wind Investment Organisation (OWIO) to boost levels of inward investment and to further stimulate jobs in the UK offshore wind industry.

The OWIO is expected to boost the UK offshore wind industry alongside Government support for three offshore wind innovation projects as well as pave the way for new employment opportunities in the trades.

Energy Minister, Michael Fallon said: “Offshore wind is a major success story for the UK, and we want to boost levels of inward investment. This will be an important part of our industrial strategy for the sector later this year, and we are creating the Offshore Wind Investment Organisation to drive that activity.

“We already have more installed offshore wind than anywhere else in the world, and this brings enormous economic benefit to our shores, supporting thousands of skilled jobs.

“Through the formation of this industry-led partnership and through our support for innovation projects, we will boost the positive benefits that the offshore wind sector can bring to the UK economy.”

The OWIO is one of the recommendations of the forthcoming industrial strategy and will be headed by a senior industry figure. The organisation will be a partnership between industry and Government, established by UK Trade & Investment, that will complement the work of DECC and BIS in delivering the Government-wide offshore investment objectives.

Michael Fallon also announced three innovation projects that Government will support as part of Offshore Wind Components Technologies Scheme:

  • Power Cable Services Limited, based in Kent, have been awarded a £540,000 grant towards their high voltage subsea cable jointing technology project
  • Aquasium Technology Ltd with partners Burntisland Fabrications Ltd and TWI have been awarded a grant of £769,600 towards their cost-effective fabrication project.
  • Wind Technologies Ltd (Cambridge) have been awarded a £728,355 grant to design, manufacture and test an innovative 5MW medium speed drive train concept.

The Minister announced the support during his keynote speech to Renewable UK’s Offshore Wind 2013 conference in Manchester today.

Industry delegates at the conference are also able to attend the first ‘Share Fair’ session enabling them to hear about investment opportunities from major players in the market. This addresses one of the priorities identified by the offshore wind industrial strategy partnership between Government and industry.

What is your reaction to the Government plans to boost levels of inward investment and create new jobs in the UK offshore wind industry? Share your thoughts by commenting here or raise your voice on our Facebook and Twitter pages. 

Advertisements

RWE unveils plans for Triton Knoll offshore wind farm

RWE national gridOutline planning proposals for the development of Triton Knoll windfarm in Lincolnshire have been revealed, paving the way for new jobs in the building industry.

Offshore wind farms provide enormous economic benefits during their construction both through direct job creation and through the wider supply chain.

It has been estimated that the Triton Knoll windfarm will see the creation of around 500 jobs during the different construction phases, each phase exceeding significant multi-million investment.

Developer RWE has invested over £10 million in the Triton Knoll project since 2003, the vast majority of which has been in support of the UK renewable energy.

There are currently approximately 25 people directly employed on Triton Knoll by RWE. Over 50 consultancy contracts, with a total value of approximately £3 million, have been awarded leading to many more people working on the project.

Over the next year further work will be available which will attract a further additional investment, requiring experienced contractors for the UK offshore renewable energy industry.

Project Manager for Triton Knoll, Jacob Hain, revealed that RWE was planning to use Alternating Current (AC) technology to transmit the power from the wind farm to the national grid, instead of High Voltage Direct Current (HVDC).

Mr hain said: “Our consultation will allow us to gather local knowledge and help communities to influence the proposals and have their say,”

“We are also now able to show the underground ‘cable corridors’ for the cables which will carry the electricity from where it comes to shore in the vicinity of Anderby Creek between the compound and the substation and to the national grid connection point.”

What is your reaction to the development of Triton Knoll windfarm in Lincolnshire which is set to create new jobs and boost the trades? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.

Invergarry wind farm gets the go-ahead

A wind farm that will create new jobs and generate £30 million for the Highland economy has been approved by the Scottish Energy Minister Fergus Ewing.

The 85-megawatt project will have 25 turbines and generate up to the equivalent of the energy needs of 40,000 homes.

The wind farm, by developers RidgeWind, will employ 90 people for its two-year construction and three people directly and three indirectly once up and running.

Mr Ewing said: “The construction will provide a valuable boost to the local economy, injecting £30 million and creating 90 jobs.

“Once it is up and running it will save thousands of tonnes of carbon dioxide each year, and it is expected that the savings made will ‘pay off’ the carbon footprint of constructing the site in less than two years.”

The developer is set to provide five £1000 scholarships for local young people going on into university or technical college.

What is your reaction to the approval of the Invergarry wind farm that is set to bring economic boost to the region and create new jobs? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter pages.

 

Clean Energy of Northern Seas to Boost the Renewable Industry

Over forty organisations have today joined forces to set out a long-term vision for the development of offshore wind in the northern seas that will boost the green economy and create new jobs.

The new network, called Norstec, includes world leading manufacturers, cutting-edge developers, supply chain firms as well as industry bodies representing the trades.

Its mission is to maximise the energy potential generated across the northern sea region which will benefit businesses in the renewable industry and boost the trades.

Prime Minister David Cameron, who first introduced Norstec at the Clean Energy Ministerial in April, emphasised on the benefits offered by the production of clean energy and encouraged the use of renewable resources.

Mr Cameron said: “I continue to be strongly supportive of the UK offshore renewables sector and am delighted to see Norstec rising from the waves.

“As I said, when I launched this network last April, we are on the cusp of a second, clean energy revolution in the North Sea. Close collaboration between industry and government will be critical to making this happen.”

Energy and Climate Change Secretary, Edward Davey, said: “The offshore wind industry represents a massive growth opportunity for the UK and our neighbours around the northern seas, bringing jobs and re-energising once thriving industrial heartlands on the East Coast and beyond.

Mr Davey said that the Government is determined to work closely with businesses in order to make the most from offshore renewable resources.

He said: “Norstec will help the offshore wind industry in the northern seas to grow and create a new industrial revolution, driving economic growth across this part of Europe. I’m delighted to see the potential for offshore wind deployment in the northern seas set out so clearly and vividly.”

 

Government to offer bigger benefits to the wind farm industry

Communities that host onshore wind farms could benefit from reduced electricity bills and investment in local infrastructure, Energy Secretary Edward Davey said today.

The Department of Energy and Climate Change has launched a consultation into how communities could benefit from having wind farms near them which could boost the green industry and create new jobs.

The community benefits consultation will seek new information on how wind farms could deliver wider environmental and social benefits to communities.

It is aimed at encouraging participation by local businesses in the economic supply chain for wind projects as well as providing new employment opportunities for the renewable industry.

Energy Secretary Edward Davey said: “This new call for evidence will look at ways to reward host communities and ensure that wider investment, employment and social benefits are felt locally.

“We must also ensure that our policies are based on the best available evidence, so that consumers are not over-subsidising any one technology. That’s why we are seeking new evidence on the cost of onshore wind.”

Energy Minister John Hayes said that the new consultation is evidence that both parties in the Coalition are alive to the need for fresh thinking about the green economy.

Mr Hayes said: “Appropriately sited onshore wind has a role to play, but if we’re to make this work in a way that garners popular support, we’ve got to see a big improvement in how developers engage with local communities, new ways of ensuring a sense of local ownership and more obvious local economic benefits.”

The Offshore Wind Industry to Reduce Energy Cost

A new report has revealed the UK will reduce the cost of electricity generated by offshore wind by 30 % in the next seven years. 

The report, published by the industry-led Offshore Wind Cost Reduction Task Force, showed evidence that the offshore wind industry can make significant cost reduction in its delivery of 18 GW electricity from wind farms, which is around 20% of UK’s total electricity demand.

The report found the industry could drop delivery cost from £140/MWh today to £100/MWh by 2020, achieving substantial savings of £3 billion per year.
Energy Minister, Charles Hendry, welcomed the announcement by saying: “I am encouraged that this report shows that substantial cost savings can be achieved if action is taken and I welcome this valuable work. I look forward to working closely with industry to take this forward further and deliver these ambitious targets.”

Offshore Wind Cost Reduction Task Force made 28 specific recommendations for the renewable sector to diverse and secure more affordable energy for consumers. The report also encourages industry officials to work more closely with the government for optimising collaboration

Mr Hendry emphasised on the importance of offshore wind farms and their role in securing low carbon energy mix in the future, but he also said that energy costs must come down too.

Andrew Jamieson, Chair of the Offshore Wind Cost Reduction Task Force, said: “To ensure that the UK’s world-leading offshore wind sector expands rapidly over this decade and fulfils its massive potential within the UK’s energy mix, it is vital that costs are reduced. In doing this not only will we reduce risk and drive investment into the sector, we will further protect consumers from increasing energy costs, reduce the industry’s requirement for financial support and deliver jobs and energy security for decades to come.”

What is your reaction to the report which suggests the offshore wind industry will reduce cost by over 30 per cent in the next seven years? Share your thoughts by leaving a comment here or raising your voice on our Facebook page.

Cameron Supports the Renewable Industry

The Prime Minister, David Cameron, has written to 100 Conservative MPs, who recently complained about wind farm subsidies and demanded cuts to the £500 million a year, paid to the wind power industry.

The 100 MPs, who wrote to the Prime Minister last month, expressed concerns that wind farm proposals are not welcomed by local residents and that they might damage the natural landscape of Britain.

The Prime Minister shared a robust defence of the government’s plans to continue with its commitment to support renewable energy projects across the UK. Mr Cameron echoed strong support for wind farm subsidies, describing them as vital investment for the creation of green jobs and reducing carbon emissions.

Mr Cameron said: “On-shore wind plays a role in a balanced UK electricity mix, alongside gas, nuclear, cleaner coal and other forms of renewable energy, a portfolio of different supplies enhances energy security and prevents the UK from becoming over-reliant on gas imports.”

However, Mr Cameron said he sympathised with local residents’ concerns but the national interest of Britain had to be considered in order to fulfil its commitment to meet targets for renewable energy and to cut greenhouse gas emissions.

 

What is your reaction to the Prime Minister’s support for the renewable industry? Are you more optimistic about the future of wind farms after Cameron’s backing?  Share your thoughts by leaving a comment below: 

E.ON open largest wind farm in UK today which will provide energy for thousands of homes

Energy giant E.ON has opened the largest offshore wind farm today, which has the ability to produce electricity for over 100,000 homes, according to Property Talk Live.

The wind farm is called Robin Rigg and is located in the Solway Firth. It becomes the E.ON’s third wind farm in the UK and can supply enough electricity to run 117,000 homes a year and can cut 235,000 tonnes of carbon dioxide emissions per year.

The Secretary of State for Energy and Climate Change MP Chris Huhne is in favour of the new wind farm, saying:

“The completion of Robin Rigg brings the UK one step closer to meeting its renewable energy targets and the team should be very proud of that.

Offshore wind is an important part of the UK’s future energy mix but also has the potential to bring a huge amount of investment to the country. I hope and believe that the scale of the project at Robin Rigg points to the great things to come for the industry and Great Britain.”

Renewable energy schemes are going on all around the UK at the moment, with plans for a new hydro-economy scheme in Scotland announced this week and plans for London Array, which will be the world’s biggest wind farm when it is completed.