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4C is now TGS
We are excited to announce a significant milestone in 4C Offshore's journey. Our integration into the TGS family marks the beginning of a new era in offshore wind market intelligence.
“The Russia-Ukraine crisis showed us the importance of having our own supplies of energy, whilst scientists have made it clear that we need to curb our emissions and move to a low-carbon economy as quickly as possible.” Secretary of State for Wales Stephen Crabb said: “I am right behind this project. With our highly skilled workforce and tidal range, Wales is ideally placed to be a world leader in the next generation of low-carbon technology.
“Using the very best of Welsh innovation, this scheme has the potential to create thousands of jobs and inject millions of pounds into the Welsh economy through regeneration, tourism and supply chain opportunities. “It will also send a clear signal that Wales is at the forefront of tidal technology and be a major boost for other potential tidal projects in Wales.” Contracts for Difference are part of the Government’s radical reforms to the energy market. They provide developers with more price certainty for the electricity generated by the plant, stimulating significant investment in renewable energy projects. If you would like to visit the Swansea tidal lagoon page click HERE.
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