£34 million of funding has been directed into cleaner shipping technologies to drive and decarbonise the sustainable maritime sector
The UK government has pledged £34 million in funding through the Clean Maritime Demonstration Competition (CMDC) to advance sustainable technologies in the maritime sector.
The fourth round of funding boosts clean maritime initiatives
The UK government has allocated £34 million in funding through the Clean Maritime Demonstration Competition (CMDC) to accelerate the development of sustainable technologies in the maritime sector.
This commitment, announced on 7 July 2023, signifies the government’s support for innovative solutions to decarbonise the industry while stimulating economic growth.
Applications open for funding to develop green maritime solutions
Applications for the funding will be accepted from 2 August until 27 September. Prospective bids will be evaluated based on various criteria, including the potential to deliver real-world demonstrations of clean maritime technology.
Projects can range from developing alternative fuel sources for freight ships to exploring the capabilities of battery-powered vessels.
Past innovation and progress of the sustainable maritime sector
In the first three rounds of the CMDC, 105 projects across the UK received more than £95 million in support, enabling the design and development of clean maritime solutions towards commercialisation.
One notable example is MJR Controls, which has been working on a charging system for offshore wind turbines.
This system will power electric crew transfer boats and maintenance vessels in offshore wind farms, significantly reducing carbon emissions.
Another recipient, Collins River Enterprises, secured £6 million to demonstrate a zero-emission electric river ferry connecting Canary Wharf to Rotherhithe in London.
This sustainable alternative to polluting modes of transportation will serve as a blueprint for ferry crossings across the UK and globally.
UK shipping industry welcomes funding to drive net zero goals
Sarah Treseder, Chief Executive of the UK Chamber of Shipping, emphasised the importance of instilling confidence in the shipping industry to invest in new technologies and fuels to achieve net-zero emissions.
She highlighted the significance of the CMDC funding, focusing on real-world demonstrations, which will unlock investments and drive the development of emission-reducing technologies while maintaining the industry’s vital role in the UK’s economy.
The UK Shipping Office funds the CMDC for Reducing Emissions (UK SHORE), which Innovate UK delivers. UK SHORE, a program within the Department for Transport (DfT), is dedicated to accelerating the decarbonisation of the domestic maritime sector through various interventions addressing barriers to progress.
The ongoing focus on fostering green marine technology establishes the UK as a base for private investment, creates future job opportunities, strengthens the economy, and positions the UK as a pioneering force in the maritime sector.
Importance of advancing sustainable maritime technologies
The allocation of £34 million in funding through the Clean Maritime Demonstration Competition (CMDC) comes at a critical time when the maritime sector faces increasing pressure to reduce its environmental impact.
Developing innovative and sustainable technologies becomes paramount as global concerns over climate change and sustainability grow.
The UK’s commitment to supporting clean maritime initiatives contributes to international efforts to achieve net-zero emissions and reinforces its position as a leader in the marine industry.
By investing in these technologies, the UK aims to foster a greener and more resilient maritime sector, attract private investments, create employment opportunities, and drive economic growth while ensuring a sustainable future for the industry and the environment.
