Highland coastal areas could see a boost from a new £30m fund aimed at clean energy innovation and job creation
Highlands: Coastal communities in the Highlands are in for some exciting news! They could benefit from a hefty £30 million fund aimed at boosting clean energy initiatives. This funding is part of a broader effort to make the UK a leader in clean energy.
The Clean Maritime Demonstration Competition (CMDC) just kicked off, and it’s all about supporting innovative maritime technologies. Think electric, hydrogen, and even wind power. It’s a big deal for the environment and local economies.
This funding is part of the Government’s Plan for Change, which aims to create jobs and drive investment in regional areas. Previous rounds of the competition have already helped over 300 organizations, bringing in more than £100 million in private investment across the UK.
Just yesterday, the Minister visited Hull to see how the city has benefited from previous funding. One standout project is GT Wings’ AirWing, which is a wind propulsion system that can cut emissions on vessels by up to 30%. How cool is that?
The first AirWing is being put together in Hull and will be tested on a Carisbrooke Shipping vessel soon. This project is creating jobs and positioning Hull as a hub for maritime innovation. It’s a win-win!
Innovate UK is gearing up for the sixth round of the CMDC, opening applications on January 22. This is a fantastic chance for innovators to get involved in a program that’s making waves in the maritime industry.
George Thompson, CEO of GT Wings, is thrilled about the potential of their new wind propulsion technology. He believes it can help even the toughest ocean-going vessels reduce their carbon footprint. Exciting times ahead!
Captain Simon Merritt from Carisbrooke Shipping is also looking forward to the AirWing installation. He’s confident it will significantly cut down on fuel consumption and emissions. It’s all about collaboration and turning innovative ideas into real solutions.
With this new funding round, the total investment through the CMDC will reach £159 million. That’s a lot of money going into green maritime projects, which is great for local jobs and economies.
The CMDC funding comes from the UK Shipping Office for Reducing Emissions program, which is focused on decarbonizing the maritime sector. Innovate UK is managing the distribution of these funds, ensuring they go to the right projects.