A 96MW wind project is set to be developed off the Pembrokeshire coast, the Institute for Mechanical Engineers (IMechE) has announced.
On 10 August, IMechE confirmed remotely operated underwater vehicles (ROV) were surveying the seabed ahead of the installation of Blue Gem Wind’s Erebus project, 45km off the Welsh coast. The Offshore Renewable Energy Catapult had previously reported as much as 50GW of electricity capacity could be available in the Celtic Sea, with it forecasting that the first GW of floating wind could deliver 3,000 jobs and £682mn in supply chain opportunities for Wales and Cornwall by 2030.
The development came as Ocean Energy Europe (OEE) unveiled a roadmap, setting out how to reach 100MW of ocean energy in Europe by 2025. It identified four priorities for the EU Strategy on Offshore Renewable Energy, with it stating that the 2025 target would lead to the installation of 3GW by 2030 and 100GW by 2050.
It called for a pan-European alliance of EU decision makers, national governments and industry representatives to be formed to accelerate the sector’s development, while recommending €300mn is earmarked for ocean energy research and innovation over the next five years. A European insurance and guarantee fund to reduce project risks and make it easier for developers access private finance was also identified as a priority, as well as an export strategy for offshore renewable technologies.