Offshore wind has historically been dependent on government subsidies, and this is still the case for the vast majority of projects, although support levels have generally declined over the past 10 years as project economics have improved due to economies of scale.
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Canada’s Ocean Supercluster (OSC) and Marine Renewables Canada (MRC) have announced their new, collaborative partnership to share knowledge and support the advancement of marine renewable energy in Canada. This agreement, signed yesterday in Halifax, will increase formalize the partners’ collaboration particularly in the areas of offshore wind, wave and tidal energy.
Bureau Veritas a world leader in testing, inspection and certification, in partnership with the Korean Register (KR), has been appointed to lead the project certification of Bada Energy’s Gray Whale 3, a major floating offshore wind farm project in Ulsan, Republic of Korea, that will be a key component of the country’s renewable energy strategy.