The UK has grabbed the lion’s share of European investment in the first half of this year. According to a report – due to be published in full later today by Wind Europe – UK projects reaching Final Investment Decision were worth £8.7 billion out of a total in Europe of £11.74 billion. This means that three-quarters of all Europe’s investment in offshore wind is flowing through the UK. The prospect of Brexit and the political and policy uncertainty it brings, not least during what may be up to three years of negotiating a new UK-EU relationship, will cast a shadow over UK investments.
Scottish Energy News 27th July 2016 read more »
The French Environment and Energy Management Agency (ADEME) has awarded contracts to a Quadran-led EolMed consortium and a joint venture of French group Eolfi and Chinese nuclear group CGN to pilot floating wind parks off its coast. The contracts were awards following bidding for tender round, which was launched by ADEME in 2015 for four offshore sites including one in Brittany and three in the Mediterranean. The tender is part of the government’s efforts to develop wind farms aimed at testing industrial-scale floating offshore wind technology.
Energy Business Review 26th July 2016 read more »