The Scottish Government has announced a £7.9m collaboration with nine of Europe’s largest offshore wind developers to reduce costs, and improve efficiency and availability of offshore wind farms, easing doubts about the UK’s ability to invest in renewables post-Brexit. As part of the Carbon Trust’s Offshore Wind Accelerator (OWA) programme, developers Dong Energy, EnBW, E.ON, Iberdrola, RWE, SSE, Statkraft, Statoil and Vattenfall have signed up to the initiative to help reduce the cost of offshore wind to below £100 per MWh by 2020. The Scottish Government’s Minister for Business, Innovation and Energy Paul Wheelhouse said: “The OWA is a collaborative programme run by the Carbon Trust, which aims to reduce the cost of offshore wind through technological innovation.
Edie 11th July 2016 read more »
Major energy companies, the Scottish government and the Carbon Trust will invest £7.9 million to slash the cost of offshore wind. The collaboration to bring new technology innovations to market will be through the Offshore Wind Accelarator (OWA) programme and aims to reduce the cost to below £100 per MWh by 2020.
Utility Week 11th July 2016 read more »
Siemens has backed away from Brexit warnings saying the UK matters whether or not it is in the EU.
FT 11th July 2016 read more »
Europe’s largest industrial combine has vowed to press ahead with investment in Britain despite the vote to leave the EU, backing away deftly from earlier suggestions that Brexit wouldcause a painful freeze on new activities. Joe Kaeser, the chief executive of Siemens, said the German engineering and technology giant remains fully committed to the UK whatever happens, but called on Theresa May to clarify Britain’s post-Brexit trade vision as soon as possible and tell the world what kind of country it will become. “We’re here for the long-term and we don’t let ourselves get jerked up and down. We’re staying because the UK is a good place to do business,” he said.
Telegraph 11th July 2016 read more »