Tag Archives: Licensing and Auctions

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 ScotWind Auction and What It Says About The Future

ScotWind Auction illustration

Offshore wind will play a crucial role in delivering the UK’s net zero targets and a significant amount of that target will be delivered through floating offshore wind. The results of the ScotWind auction earlier this week sends an extremely positive signal to the whole offshore wind sector and technology developers such as Marine Power[…]