A Hartlepool cable firm is celebrating after becoming one of a handful of UK winners to share a £2.3m Government handout.
JDR Cables is one of only three firms to be chosen for a project to drive down the cost of energy produced at offshore wind farms.
It won the boost from the Department of Energy and Climate Change (DECC) and the Technology Strategy Board’s (TSB) Offshore Wind Component Technologies Development and Demonstration scheme.
Experts say innovation has the potential to drive down costs of offshore wind by 25 per cent by 2020 and 60 per cent by 2050, but further investment is needed in this area.
Energy and Climate Change Minister Greg Barker said: “This £2.3m will give three more companies the boost they need to take their innovative designs to the next level, helping cut costs in offshore wind generation, and ultimately helping us harness more power from turbines out at sea.
Chief Executive Officer of JDR Andrew Norman said: “We are delighted that the Department of Energy and Climate Change has recognised JDR’s capabilities in the field of inter array cables and awarded funding to support our new research into high voltage array cabling for offshore wind farms.”
For more details, see tomorrow’s Hartlepool Mail.