- ABP, the UK’s largest port operator, has signed a Memorandum of Understanding (MOU) with Marine Power Systems (MPS).
- This is to accelerate the development of floating offshore wind technology in the Celtic Sea.
Key Points
- The collaboration focuses on deploying MPS’s PelaFlex platform, designed for rapid deployment of large-scale floating wind farms.
- ABP plans to invest £500 million in Port Talbot to create infrastructure for manufacturing, installation, and supply chain activities related to floating offshore wind (FLOW).
- This project has the potential to generate thousands of jobs and attract billions in investments.
- The MOU aligns with ABP’s sustainability strategy, “Ready for Tomorrow,” which aims for net-zero emissions by 2040.
Benefits of the Collaboration
- Advancement of FLOW Technology: The project will contribute to the development of the UK’s floating offshore wind sector.
- Economic Boost: ABP’s investment in Port Talbot is expected to create significant job opportunities and attract substantial investments.
- Reduced Risks and Costs: Collaboration between ABP and MPS aims to create a streamlined and cost-effective approach to FLOW project delivery.
Looking Ahead
- ABP and MPS will exhibit at the Global Offshore Wind trade show in Manchester, showcasing their commitment to this technology.
- This collaboration is a positive step towards a greener future and a thriving floating offshore wind industry in the UK.
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Source: ABP
