UK Invests £30 Million in Clean Maritime Technologies for Coastal Communities
Key Ideas
- £30 million in new funding will drive economic growth and create jobs in coastal communities through clean maritime technologies.
- Previous rounds of the competition have already attracted over £100 million in private investment across the UK.
- Innovative projects like the AirWing™ wind propulsion system in Hull are reducing emissions and positioning the city as a hub for maritime innovation.
- The CMDC programme aims to decarbonize the UK maritime sector, with the latest round bringing the total investment to £159 million.
The UK government has announced a £30 million investment in clean maritime technologies to benefit coastal communities and businesses. This funding is part of the Clean Maritime Demonstration Competition (CMDC6), which supports technologies such as electric, hydrogen, ammonia, methanol, and wind power. Past rounds of the competition have attracted over 300 organizations and more than £100 million in private investment. Successful projects include the installation of electric chargepoints at ports, retrofitting a hydrogen research vessel, and implementing a carbon capture system on a vessel. The funding aims to drive economic growth, create jobs, and promote clean energy in the UK. One of the flagship projects, GT Wings' AirWing™ wind propulsion system in Hull, is set to reduce emissions on vessels by up to 30%. The project has created job opportunities and positioned Hull as a center for maritime innovation. The CMDC programme, managed by Innovate UK, is part of the UK Shipping Office for Reducing Emissions (UK SHORE) program, focusing on decarbonizing the maritime sector. The latest round of funding brings the total investment through CMDC to £159 million, contributing to the economic and environmental benefits of green maritime funding.
Topics
Installation
Clean Energy
Innovation
Job Creation
Decarbonisation
Grant Funding
Partnerships
Maritime Industry
Economic Growth
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