UK Boosts Maritime Decarbonization with $37M Funding for Clean Fuel
Key Ideas
  • UK announces $37 million funding through CMDC6 to support clean maritime technologies like hydrogen, wind power, and more.
  • Projects include electric chargepoint network, retrofit of a hydrogen research vessel, and installation of a carbon capture system on a vessel.
  • Innovative wind propulsion project, AirWing, in Hull promises to reduce emissions by up to 30%, creating jobs and economic activity in the region.
  • Total investment in CMDC reaches £159 million, showcasing the economic benefits of green maritime funding on local industries and economies.
The UK has revealed a new round of funding for the Clean Maritime Demonstration Competition (CMDC6) aimed at supporting clean maritime technologies, including hydrogen, electric, wind power, and more. This £30 million ($37 million) investment is set to benefit coastal communities and businesses across the country, driving economic growth and job creation. Projects funded under this initiative range from establishing Britain's first electric chargepoint network in ports to retrofitting a hydrogen research vessel and installing carbon capture systems on vessels. The funding has been praised by Mike Kane, the UK's Maritime Minister, for aligning with the government's Plan for Change, which aims to make Britain a clean energy superpower. A notable project in Hull, AirWing, an innovative wind propulsion system promising a 30% reduction in emissions, is set to be installed on a Carisbrooke Shipping vessel following local construction. This initiative not only contributes to emission reductions but also creates job opportunities for skilled workers, positioning Hull as a maritime innovation hub. Innovate UK will be launching the sixth round of CMDC, inviting UK innovators to participate in maritime transport research and development focused on decarbonization. The program aims to address decarbonization challenges within the industry while promoting innovation in various domains. George Thompson, CEO of GT Wings, expressed excitement about the upcoming installation of AirWing, highlighting its potential to significantly reduce fuel consumption and emissions. The cumulative investment in CMDC has now reached £159 million, emphasizing the significant economic benefits of green maritime funding. The initiative is part of the UK Shipping Office for Reducing Emissions (UK SHORE) program, with a focus on decarbonizing the UK maritime sector through research and development managed by Innovate UK. Overall, the funding signifies a positive step towards advancing clean fuel technologies and decarbonizing the maritime industry in the UK.
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