Britain wants to take part in developing Japan's offshore wind power via options ranging from the participation of its energy companies to providing financing and insurance, Energy Security Secretary Grant Shapps told Reuters.
"I think the British input is probably both the energy companies - the physical side of it - but also the finance side of it, the finance mechanism, the insurance, the technical know-how consultancy," Shapps said.
Japan has launched a second major round of public auctions to select operators for four new areas capable of generating 1.8 GW of offshore wind power. It wants to install up to 10 GW of offshore wind capacity by 2030 and up to 45 GW by 2040.
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