UK Leasing Program to Stimulate Offshore Wind Investment

Press Release
Sunday, June 16, 2013

The Crown Commissioners announce a site leasing program to encourage investment in a range of offshore wind test & demonstration projects, including a leasing round for floating offshore wind technology.

The Crown Commissioner's plans were announced at the RUK offshore wind conference and are designed to build on the success of our existing test and demonstration programme. By showcasing new technological advancements and driving further cost reduction, the plans also aim to increase market confidence and encourage investment in the industry. This is in line with the recommendations of the Offshore Wind Cost Reduction Taskforce and feedback received from industry consultation.

Martin Simpson, Head of New Energy and Technology said: "To unlock sustained growth in offshore wind we have to demonstrate that technological advancements can drive down costs. This new leasing programme is opening the doors for testing and demonstration of new technology across the spectrum - from turbines to foundations and cables, thus cementing the UK as the best place for investments in supply chain and commercial projects. Floating wind is included for the first time because of its future potential."

A specific leasing round for testing and demonstration of emerging offshore wind technologies, including floating turbines, will be important in establishing commercial viability of new cost reducing measures and will yield benefits beyond 2020. The Crown Estate invites industry to propose sites for the development of floating wind farms; the process is expected take to up nine months allowing time for essential early stakeholder engagement. This timetable will facilitate an early deployment of projects, and may allow some projects to commence construction as soon as 2017. Successful projects will include arrays of up to fifteen machines, utilising floating foundations and producing less than 100 MW. The technologies involved must not have been previously deployed commercially and the projects must be used solely for test and demonstration purposes.

The introduction of a call for project variations aims to make the most of existing sites by granting rights holders the flexibility to invest in test and demonstration projects alongside existing schemes. It is hoped that by working with existing rights holders, projects will be delivered more quickly than the development of new facilities.

Finally, a specific call for off-grid projects will allow the test and demonstration of aspects of the offshore development process, such as foundation testing, cable laying and operations and maintenance procedures. By leasing specific sites for projects which don't involve a grid connection and a turbine, sites can be smaller, cheaper and easier to consent, thereby making delivery timescales much faster. The off-grid projects and project variation calls are set for mid-July - early September and will be followed by a series of individual negotiations.

 

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Transocean Fleet Update Summary

Transocean Ltd. today issued a monthly fleet update summary which includes new contracts, changes to existing contracts and changes in estimated planned out-of-service

Ecuador Coastguard Orders Damen Patrol Boats

Damen announced it has recently signed a contract with AstillerosNavalesEcuatorianos (Astinave) to construct two Damen Stan Patrols (Spa) 5009 for the Ecuadorian Coastguard.

LNG America Selects Topside Designer for LNG Bunker Barge

LNG America has selected Taylor-Wharton to commence the front-end engineering and design work for the cryogenic topside of the company’s 3,000 cubic meter Gemini

Offshore

CBP Aircraft Locates Vessel in Distress

U.S. Customs and Border Protection Office of Air and Marine agents assigned to the North Dakota Air Branch have located four people on Red Lake after a call

EMGS Reports 2Q and 1H 2014 Results

Electromagnetic Geoservices ASA's (EMGS) reported revenues of USD 42.5 million in the second quarter 2014, down from USD 61.3 million in the first quarter this year and from USD 44.

Transocean Fleet Update Summary

Transocean Ltd. today issued a monthly fleet update summary which includes new contracts, changes to existing contracts and changes in estimated planned out-of-service

Wind Power

Vestas Profit Beats Forecast

Danish wind turbine maker Vestas Wind Systems posted much higher than expected second-quarter earnings and slightly increased its guidance for the full year, signaling

OSV Hull Arrives at Havyard's Leirvik Yard

Havyard says that newbuild number 118 has arrived from Turkey at the yard in Leirvik, being the first of two vessels that will be outfitted to provide service and

The Switch Wins Repeat PM Shaft Generator Order

The Switch, a supplier of megawatt-class permanent magnet (PM) generator and full-power converter packages for wind power and other renewable energy applications,

Offshore Energy

EMGS Reports 2Q and 1H 2014 Results

Electromagnetic Geoservices ASA's (EMGS) reported revenues of USD 42.5 million in the second quarter 2014, down from USD 61.3 million in the first quarter this year and from USD 44.

Keppel Delivers 4th Jackup Rig to Qatar

Keppel FELS Limited (Keppel FELS) has delivered its fourth jackup rig, "Dukhan", to Gulf Drilling International Ltd. q.s.c. (GDI) of Qatar nine days ahead of schedule,

Chariot Agrees Brazil Farm Out with AziLat

Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, announced that its wholly owned subsidiary, Chariot Brasil Petróleo e Gás Ltda.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1101 sec (9 req/sec)