How to qualify for funding to tap into US offshore wind markets
12 November 2019UK businesses can apply for a share of up to £1.5 million to work with US partners on the $40 million US offshore wind development programme.
The UK offshore wind energy sector is world-leading and has seen huge growth in the last few years. Advances in technology have led to a reduction in costs that have allowed the industry to make a significant contribution to reducing UK carbon emissions from energy.
However, it is estimated that the UK will need to see a ten-fold increase in energy production from wind to 75GW if it is to meet its target of net zero emissions by 2050.
Further innovation will be needed to reduce costs and improve the performance of offshore wind farms. Many other countries also have the potential to supply large amounts of energy through offshore wind farms and face the same challenges.
Innovate UK, part of UK Research and Innovation, has up to £1.5 million to support UK businesses working with partners in the United States on innovative offshore wind technologies. Businesses and research organisations must first express an interest in applying.