Intelligent Moorings wins Carbon Trust and Scottish Government Support
16th March 2020 – Intelligent Moorings IMS device has been announced as one of the winners of the technology acceleration competition funded by the Scottish Government and run by the Carbon Trust’s Floating Wind Joint Industry Project (Floating Wind JIP). The competition was designed to address four key industry challenge areas identified in Phase 1 of the Floating Wind JIP, that need to be one of which was mooring systems.
Floating offshore wind is an emerging renewables sector, with significance for places like Scotland where water depths often do not allow for the use of fixed bottom turbines. Floating wind is forecast to scale up to 12GW of capacity globally by 2030, becoming a market estimated to be worth £32 billion.
In Scotland, the draft Sectoral Marine Plan for Offshore Wind Energy, outlines the Scottish Government’s plans to deliver up to 10GW of offshore wind, the majority of which will be in deeper waters suitable for floating wind. To achieve this scale, accelerating technology innovation to lower the levelised cost of energy from floating wind will be critical.
Paul Wheelhouse, Minister for Energy, Scotland commented:
“We are funding the Carbon Trust’s Floating Wind Technology Acceleration Competition in order to address key technical challenges in the sector. Given Scotland’s unique deep water profile, floating offshore wind will undoubtedly play a huge role in our future energy system, as we transition to a net zero economy and we know that key overseas markets are also looking to exploit floating wind technology to meet their own energy needs. The innovative solutions developed by the competition winners will help reduce costs in the sector and could allow floating wind technology to reach commercial scale deployment earlier than previously anticipated and that could prove vital as Scotland and other coastal nations seek to head off the climate emergency.”
Jan Matthiesen, Director, Offshore Wind, the Carbon Trust said:
“Floating wind is on the precipice of scaling to deliver significant capacity in the energy system. The competition is supporting a number of exciting technology innovations in critical challenge areas identified by industry. We are excited and optimistic for both the potential of these innovations to reach commercialisation and their ability to positively impact the sector.”