Energy Secretary Edward Davey reaffirmed the government’s commitment to the renewable energy sector, as further investment of £2.5m in offshore wind innovation projects was announced at Renewable UK conference in Birmingham.
Edward Davey said:
“The renewable energy sector supports 35,000 green jobs and the sector is crucial to green growth and energy security.
“A mix of technologies is vital to secure Britain’s energy supplies and reduce the environmental impact of powering our homes and businesses.
“The private sector has announced investment of £31 billion in renewable electricity generation over the last three years, and the UK remains one of the most attractive electricity investment markets anywhere in the world.”
Four offshore wind projects will receive a share of £2.5m Government investment under the Offshore Wind Component Technologies Scheme to develop technologies which cut the cost of offshore wind energy:
This scheme is part of a package of support being provided by members of the Low Carbon Innovation Coordination Group (LCICG), who together are providing over £100 million of targeted financial support to develop innovative offshore wind technologies between 2011 and 2015.
Press release, November 6, 2013; Image: gov