FLOWMIS funding not fully addressed, says BPA

a9092b34-7f5f-48bb-b89c-2b3db7a7a17d

Ports need more time, information and funding if the UK is to realise its full offshore energy potential

Offshore wind turbines

Source: BPA

More funding is needed for ports to fully realise offshore wind ambitions, says the BPA

The British Ports Association warns that more funding will be needed if the UK is to meet its offshore energy aspirations.

In response to industry feedback, the government has confirmed it will reprofile the Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS) budget. £70m will now be available in 2024/25 and £90m will be available in 2025/26.

Continue reading this article… 

V2-PS

Receive full access today!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the ports and terminals sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the ports and terminals industry
  • Our extensive archive of data, research and intelligence

Already subscribed? SIGN IN now

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!