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£100m fund to help UK firms capitalise on wind power


A £100m fund has been established to help UK firms capitalise on the boom in offshore wind.

With the UK so well suited to exploiting wind power, turbines have been erected in more than 30 locations from Brighton to the Moray Firth. Trade unions say the boom has not generated enough jobs for UK workers.

The Offshore Wind Industry Council says its initiative will help hundreds of firms "maximise opportunities" in the offshore wind supply chain. "The Offshore Wind Growth Partnership will provide practical help for UK companies so they can compete successfully for contracts in this thriving global market," said Benj Sykes, chairman of the OWIC and UK country manager for the Danish firm Orsted.

The OWIC, which is a joint government and industry body, will invest the privately-raised funds over 10 years to support companies in the supply chain.

Firms that manufacture parts, lay cables and maintain wind farms will receive support ranging from "expert advice on manufacturing and commercialisation" to funding for innovation. They will also be given support to export their products and services.

By 2030 the offshore wind power market is expected to be worth £30bn per year, with the UK expected to be generating a third of its electricity from wind. The OWIC hopes to raise the participation of UK businesses in the industry from 48% currently to 60%, under a sector deal agreed between industry and government.

The new fund will bring "investment, thousands of high-quality jobs and huge economic opportunities for communities across the UK", energy and clean growth minister Chris Skidmore said.

Last month GMB general secretary, Tim Roache said Britain's politicians needed "to sharpen their elbows in the fight for jobs" when it came to opportunities in the growing renewables sector.

The union says up to 1,000 jobs could be created at two mothballed yards in Fife if EDF chose local firms to manufacture parts for a huge wind farm project there, rather than as is expected the work being done in Indonesia, Belgium and Spain.

Source:  BBC News

Chemical Corporation (UK) Ltd offers a complete wind turbine service package which can include lubricant exchange and product filtration.  Our service include the supply of Mobilgear SHC XMP 320 gear oil which is the preferred choice of many of the industry's OEM’s and is currently used in over 40,000 wind turbines worldwide.

We also offer Mobil SHC Gear 320 WT - Wind Turbine Gearbox Oil, a product with second to none performance in rugged and extreme conditions which would be optimally combined with Mobil SHC Grease 102 WT. Mobil SHC Gear 320 WT is the first wind turbine oil to achieve a conformity statement by DNV GL, one of the world’s leading certification bodies for renewable energy projects. The advanced synthetic oil received the globally recognised accolade for reliability and cost saving benefits.

Contact our Operations Director Steve Stewart by email at steve.stewart@chemcorp.co.uk or call 02920 880222 to find out how our mobile gearbox oil exchange systems can provide you with huge cost savings for wind turbine gearbox oil changes or for any queries relating to Mobil Wind Turbine lubricant solutions.

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