Scotland to Give Higher Incentives to Innovative Offshore Wind Projects

Scotland to Give Higher Incentives to Innovative Offshore Wind Projects

Scotland to Give Higher Incentives to Innovative Offshore Wind Projects

Scottish Government will boost its incentives for innovative offshore wind technology through Renewable Obligation Certificates.

Next generation, cutting-edge offshore wind turbine projects will receive 2.5 tradable Renewable Obligation Certificates (ROCs), whilst those test projects that aim to develop floating turbines, which are not attached to a foundation, will receive 3.5 ROCs, Bloomberg writes.

Energy Minister Fergus Ewing said that this move will help decrease the cost of developing offshore wind in Scottish deeper waters.

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Offshore WIND Staff, June 11, 2013; Image: dcnsgroup