Publication date: January 2017
This report aims to outline the key policy and regulatory conditions required to support the commercialisation of floating wind technology. With potential for up to 90 MW to be installed by 2018, the UK has an opportunity to build on this world leading position and develop supply chain capability to exploit opportunities in international markets. However, a supportive policy framework will be critical to catalyse sector growth and attract inward investment into the UK floating wind industry. This report assesses four key areas for consideration by policy makers wanting to support continued market development of floating wind: Licensing & Consenting; Subsidy & Grant Support; Supply Chain Development; and Grid Connection.
The report was commissioned through a Joint Industry Project (JIP) led by the Carbon Trust, consisting of five offshore wind project developers (DONG Energy, EDF, E.ON, innogy, and Statoil) and supported by the Scottish Government. Its delivery has been undertaken by the Carbon Trust in collaboration with the Offshore Renewable Energy Catapult.