Offshore Power Gets UK Funding Boost

The United Kingdom already has a thing or two going on the realm of offshore marine power. The U.K. Department for Business Innovation & Skills (BIS)  seeks to build on that position with a new competition f its new Offshore Renewable Energy technology and innovation centre (TIC), focused on offshore wind, wave and tidal power tech.

This center will be one of at least six TICs designed to allow allow businesses to access equipment and expertise to help them commercialize new and emerging technology – and, by extension, to help the UK capture a share of the burgeoning global market for offshore power. The governement has committed more than £200 million (around $327 million USD) to developing a network of these TICs over the next four years.

tidal power

image via SeaGen

These funds will support businesses deemed to exhibit high growth potential currently raising equity finance working within the areas of alternative energy generation, renewable energy infrastructure (including wind farms), energy efficiency, and water treatment and conservation.

UK businesses interested in being considered for the Offshore Renewable Energy TIC are encouraged to contact the BIS Technology Strategy Board (TSB) at 0300 321 4357 or email competitions@tsb.gov.uk.

Susan DeFreitas has covered all manner of green technology for EarthTechling since 2009. She is a graduate of Prescott College for the Liberal Arts and the Environment, and has a background in marketing green businesses. Her work on green living has been featured in Yes! Magazine, the Utne Reader and Natural Home.