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Floating friends call for UK Government's commitment

4C Offshore | Tom Russell
By: Tom Russell 14/03/2018 Friends of Floating Offshore Wind
Hexicon ABThe Friends of Floating Offshore Wind has published a paper titled ‘The Future’s Floating’ requesting discussions on a Sector Deal with the UK Government on the basis of socio-economic impact calculations.

The Friends of Floating Offshore Wind  is directed by an elected committee of four of its members, (a Chair and three supporting co-chairs) who lead activities on behalf of its members. It consists of ten members and was established in 2016 in order to create a route to market for floating offshore wind.

The organisation has called for a commitment to target 1GW of floating offshore wind in development and realisation by 2025 and 5GW by 2030. The group also request discussions around a Sector Deal which offers support for the technology, either separately or as part of the wider Offshore Wind Sector Deal, to determine how the route to this market can be facilitated at the least cost for tax and bill payers.

To achieve this, the group has requested  the UK Government to commit to providing a route to market for floating offshore wind. It stated that this would give investors the confidence to invest in project development, diversify existing products and services and help the development of new products and services.

The Friends of Floating Offshore Wind group includes Atkins, Pilot Offshore Renewables, IDEOL, Hexicon, GICON, Principle Power Inc., Glosten PelaStar, ACS Cobra, RES Offshore, and Floating Power Plant.

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