David Cameron called for collaboration between government and business to drive down costs, the need to develop a global carbon price and the importance of enhanced international trading.
His call came as industry and government used the summit to announce a raft of renewables contracts, investment decisions and project progressions. These most significant of these is set to include a £19 million contract for Balfour Beatty to connect Eon’s £736million Humber Gateway offshore wind farm. The company is expected to confirm that contract later this morning.
Later EDF is expected to announce that it will become a partner in Eneco’s proposed Round 3 offshore wind scheme off the Hampshire and Dorset coast where it has the rights to develop an offshore wind farm of up to 1.2GW capacity.
Decc has also published a bioenergy strategy (available here) and a call for evidence on renewables trading.
Other announcements at the summit include an agreement by firms to collaborate on north sea renewables under the banner Norstec. Participating companies include: Alstom, Areva, Balfour Beatty Utility Solutions, David Brown Gear Systems Ltd., Dong Energy, E.On, EDPR, Fluor Ltd., Gamesa, Harland and Wolff, JDR Cables, Mainstream, Modus Seabed Intervention Ltd., National Grid, Parsons Brinckerhoff, PMT Industries Ltd., Prysmian Group, Renewable UK, REpower, Repsol, Scottish Power, Scottish & Southern Electric, Siemens, Statkraft, Statoil, TAG Energy Solutions, Vattenfall, Vestas.