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Wed, Jan

Global Underwater Hub Addresses Results of Offshore Wind Contracts for Difference Allocation Round 7

Global Underwater Hub Addresses Results of Offshore Wind Contracts for Difference Allocation Round 7

MARINELOG
Responding to the UK Government’s announcement on the results of the Contracts for Difference Allocation Round 7, Neil Gordon, chief executive of Global Underwater Hub (GUH), said:“The award of a record 8.4GW

Responding to the UK Government’s announcement on the results of the Contracts for Difference Allocation Round 7, Neil Gordon, chief executive of Global Underwater Hub (GUH), said:

“The award of a record 8.4GW of offshore wind capacity through AR7 is a positive step for the UK. It will play a critical role in delivering the country’s net-zero and clean energy ambitions, while also supporting supply chains, sustaining jobs and driving wider economic benefit.

“Within this overall outcome, the inclusion of two floating offshore wind projects, Pentland and Erebus are particularly encouraging. These projects offer real momentum for a technology pioneered in the UK and, beyond their contribution to energy security, these 100MW developments are critical to scaling up floating offshore wind while helping to de-risk innovation.

“Crucially, the skills and expertise required to deliver key elements of these floating projects, including dynamic cables, floating substructures, and mooring and anchoring systems, are firmly embedded in the UK. This capability has been built up over decades in the oil and gas sector and clearly demonstrates the transferability of subsea knowledge into the offshore wind market.

“Alongside the positive AR7 news, the UK underwater supply chain now needs confidence that projects will progress

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