Innovation is being rewarded with extra discounts in the next round of offshore wind farm bids of the UK coastline.
Seabed landlord The Crown Estate has announced the tender process for Round 4 of Offshore Wind Leasing.
It includes an enhanced discount to incentivise developers interested in trialling new technologies.
The East of England Energy Zone is a key hub in Southern North Sea windfarm development and delivery. It is proud of the region’s position as a hub for innovation and the best performer in the UK for research and development, thanks to it being home to world leading universities and private sector research organisations.
There will be 50% rental discount on up to 10% of the project capacity for the first 5 years of operations for projects with a qualifying innovation. Developers will also have the opportunity to propose hybrid projects, such as those which integrate offshore wind generation with interconnectors, or other energy sources.
The EEEZ is here to support companies seeking to locate, relocate and grow their businesses at this exciting time in the renewables energy sector.
Details of the tender process have been announced offshore wind representatives to help them plan their bids ahead of a launch later this year. Full details of the process are at: http://www.thecrownestate.co.uk/potentialnewleasing
If the EEEZ can help your business get involved in Round 4, or the sector in general, please visit the contact section of this website.