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30 Mar 2009 05:03:11

Incentives for offshore wind power increased

Incentives for offshore wind power increased
Offshore wind power is to receive a financial boost from the government, energy and climate change minister Mike O'Brien announced today.

Up to £10 million is to be made available for the development of new offshore wind technologies, Mr O'Brien told a meeting of figures from the renewable energy and ports industries.

He said: "Renewable energy is a weapon in our armoury to secure future energy supplies, reduce our reliance on foreign imports, and help tackle climate change.

"That's why we're taking the right long term decisions to encourage the massive investment in renewables that we need to see. This includes changing the planning laws, increased financial support, and ensuring sufficient access to the grid."

As part of the creation of incentives for the offshore wind power industry, the financial support offered to wind farms out at sea is to increase by 50 percent as banding of the Renewable Obligation is introduced later this week.

Mr O'Brien added: "Taken together, these measures should leave investors in no doubt of the UK's commitment to renewable energy."

Last week the Royal Society for the Protection of Birds, claimed that the UK was lagging behind many other European nations in wind power production and called for a increase in renewable electricity generation.



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