BEIS seeks views on allocation of £160m floating wind fund

The government has opened a £160 million fund to support the floating wind sector as MPs launched a wide-ranging inquiry into its plans to decarbonise the UK’s power supply sector. The scheme, which was announced by prime minister Boris Johnson last October, will aid investment in the deep-water port infrastructure and manufacturing capabilities needed to deliver the government’s target of 5GW of floating offshore wind generation by 2030.

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