Offshore wind & geothermal mine water wins funding: 17 projects have been chosen by the government that will each receive funding of up to £50,000 to respond to some of the world’s most pressing challenges, including climate change.
Construction of large-scale offshore wind farms in the Celtic Sea from 2025 onwards is one of the projects that is aimed to be fast tracked.
Led by Wave Hub, the South West Floating Offshore Wind Accelerator, expects the project to enable the region to make a contribution of a five-fold increase to Britain’s offshore wind exports and to Britain’s 40GW offshore wind target by 2030.
The HotScot consortium will oversee three new geothermal mine water projects and aims to deliver economic growth equivalent to £303 million and around 9,800 jobs in another project which will provide low cost, low carbon heat to homes and businesses in Scotland by extracting energy from disused and flooded mines in Glasgow.
Led by the University of Nottingham, Trans-Mid, will partner with transport technology businesses as well as local suppliers to the aerospace, vehicle and rail industries to develop new green projects, with the aim of establishing a supercluster for net zero transport in the Midlands.
Alok Sharma, Business Secretary said: “We are backing our innovators and with the support they need to turn great ideas into first-class industries, products and technologies.
“From virtual construction projects to extracting clean heat from disused mines, the pioneering projects we are funding today will help create jobs and boost skills across the UK as we continue to drive forward our economic recovery.”
Each project will be able to apply for a further longer term investment of between £10 million to £50 million later this year, if the early stages of development are successful through the second round of UK Research and Innovation’s (UKRI) flagship Strength in Places Fund.
Offshore wind & geothermal mine water wins funding