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.

[mappress]

[mappress]

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