Robotics & Autonomous Systems

Find out more about our robotics and autonomous systems testing and validation facilities.

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Electrical Infrastructure Research Hub

The Catapult has appointed the University of Strathclyde and the University of Manchester to form the Electrical Infrastructure Research Hub.

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Automation & Engineering Solutions

Find out more about our work in robotics, autonomous systems and artificial intelligence.

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Stay Current

Dig deeper into the biggest issues facing offshore wind, wave and tidal energy with our series of Analysis & Insight papers.

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Innovation Challenges

Solving these technology innovation challenges will help drive down the cost of offshore renewable energy, with positive effects for the industry and UK economy. If your technology has the answer, get in touch via our contact form on the Innovation Challenges page.

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ORE Catapult statement following announcement of intermediate close of GIB Offshore Wind Fund

ORE Catapult CEO Andrew Jamieson
ORE Catapult CEO Andrew Jamieson

Commenting on the intermediate close of the Green Investment Bank’s Offshore Wind Fund, Andrew Jamieson, CEO of the Offshore Renewable Energy Catapult, said:

“This is excellent news that reinforces the UK’s primary role in the development of an offshore renewable energy industry that will be a huge economic boon to the UK’s economy in the decades to come.

“The readiness of the international investment community – and the more risk averse pension funds in particular – to invest in the Green Investment Bank’s Offshore Wind Fund is testament to industry’s concerted efforts to reduce risk and lower costs on the journey to parity with fossil fuel generation.”

Ends

Notes to Editors

Memorandum of Understanding between UK’s Green Investment Bank and ORE Catapult

The Green Investment Bank and the Offshore Renewable Energy (ORE) Catapult have a three year agreement to work together to drive investment into offshore renewable energy through greater understanding and management of the associated risks, reducing the cost of energy from offshore renewables.

The Memorandum of Understanding sets out how the two organisations will bring their areas of expertise to bear on lowering the levelised cost of energy (LCOE) and identifies areas on which they will initially work together, each aimed at addressing specific perceived risks in investment in offshore renewable projects.


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Published
Tue 13 Oct 2015
Last Updated
Tue 23 Jan 2018

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