The Carbon Trust has been appointed by the Department for Business, Energy, and Industrial Strategy (BEIS) to provide technical support to the FOW Demonstration Programme, to help accelerate the net zero transition, while bolstering the UK’s renewable energy generation, according to the company's release.
The £17 million competitive funding scheme, launched in March 2021 will support innovation in the floating offshore wind industry, by funding the development and demonstration of new technologies addressing three key challenges: mooring/anchoring, dynamic cables and floaters/foundations; alongside a series of industry-led miscellaneous projects.
The Carbon Trust, with support from offshore wind technical consultancy OWC, will assist BEIS with the initial evaluation of proposals, followed by the provision of independent support and ongoing monitoring of the successful grant recipients.
Energy supply is the second largest emitting sector in the UK, representing a 21%[1] of total greenhouse gas emissions. Accelerating the deployment of floating offshore wind farms, will represent a step-change in the country’s renewable energy capacity, as it opens up new areas with high-wind resources that are not suitable for bottom-fixed installations, such as very deep waters. Speeding up the decarbonisation of the power industry is a key component of achieving the UK’s net zero target.
About the Carbon Trust
Established in 2001, the Carbon Trust works with businesses, governments and institutions around the world, helping them contribute to, and benefit from, a more sustainable future through carbon reduction, resource efficiency strategies, and commercialising low carbon businesses, systems and technologies.
The Carbon Trust:
works with corporates and governments, helping them to align their strategies with climate science and meet the goals of the Paris Agreement
provides expert advice and assurance, giving investors and financial institutions the confidence that green finance will have genuinely green outcomes
supports the development of low carbon technologies and solutions, building the foundations for the energy system of the future
Headquartered in London, the Carbon Trust has a global team of 300 staff, representing over 30 nationalities based across five continents.
About the OWC
OWC, an AqualisBraemar LOC ASA (ABL Group) headquartered in London, UK, is a specialised and globally focussed consultancy offering project development services, owner’s engineering and technical due diligence to the offshore and onshore wind energy industry. The company has 9 offices across Europe, the Americas and AsiaPacific.
AqualisBraemar LOC ASA is an energy and marine consultancy operating under seven brands: AqualisBraemar LOC, OWC, Innosea, Longitude, JLA, East Point Geo and ABL Yachts.