The Bigger Picture

Rising to the challenge and floating the future

A lot has happened since all eyes were focussed on COP26 in November last year. Rising energy prices have put a huge squeeze on household budgets and continue to drive inflation. The war in Ukraine has further accentuated the situation and pushed ‘energy security’ up the political agenda. Against this backdrop governments around the world[…]

UK To Hold Yearly Contracts For Difference Auctions From Next Year Onwards

Marine Power Systems is delighted to see the UK Government is hitting the accelerator on low-cost renewable power. The auctions for funding through the Contracts for Difference (CfD) scheme will be run every year rather than every two years from March 2023 onwards. The move will speed up the UK adoption of MPS devices and[…]

The Crucial Role That Floating Offshore Wind Will Play In Achieving Net Zero

With governments around the world and the global community focussed on exactly how we will address the climate crisis now is a good time to consider the role floating offshore technologies will play in the pathway to Net Zero. Whilst offshore winds in shallow waters have been harnessed by fixed bottom wind turbines the wind[…]

Hot On The Heels Of Fixed Offshore And Onshore Wind

The promise of the G7 nations to channel £100bn a year into poorer nations to help address climate change is a clear indication that global warming requires a global approach. An approach that relies on Governments supporting the transition to greener energy, not only within their own borders but across the world. The solution to[…]