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Government offshore wind boost

The Government’s announcement of measures to help boost investment in the renewable energy industries has been welcomed as a ‘huge step forward’ by the company planning to develop a multi-million marine energy park on the South Bank of the Humber.

ABLE UK believes the announcement of so-called renewable ‘strike prices’ for energy generated by offshore wind developments—coupled with financial incentives to encourage UK involvement in the projects—is a strong endorsement of the need for the ABLE Marine Energy Park (AMEP) and the potential to make the Humber a centre of excellence for the industry.

Today’s announcement from the Department for Energy and Climate Change set out the prices that offshore wind generators can expect to receive—starting at £155 per Megawatt Hour in 2014/15.

Said ABLE UK Group Development Director Neil Etherington “The fact that the Government has come forward with the announcement on strike prices earlier than expected will, I am sure, be taken by the major players in the offshore wind sector as a real demonstration of the wish to see the UK benefit from the tremendous opportunities offered through the next round of major projects planned for the North Sea.

“The Humber is uniquely well placed to exploit these opportunities and AMEP, at the centre of largest Enterprise Zone in the UK, can be the catalyst for creating a cluster of companies, large and small establishing the Humber as world-class centre for the renewable energy industries, creating thousands of jobs for local people and making a major contribution to the national economy.

“The announcement today sends out a strong message of the Government’s commitment—and we hope that it will be further underlined by a positive decision in the near future on our planning application for AMEP.”

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