UK Government announces floating wind funding

25/01/22 | Reaction
Floating wind credit Equinor

The UK Government has announced £31 million of funding – matched by more than £30 million of industry funding – for the development of innovative floating offshore wind technology.

 Responding, Ben Miller, Senior Policy Manager at Scottish Renewables, said:

“This funding adds to the momentum around floating offshore wind power after last week’s ScotWind outcome set out almost 15GW of new floating projects entering development in Scotland.

“Targeted funding like this is essential if we are to capture the supply chain benefits of our leading position on floating wind, building on the considerable deep-water expertise that we already have.

“Industry and government will both need to step up efforts over the coming months to match our ambitions with greater collaboration.”


Image: Equinor

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