According to a State of the Sector Report released today (27 June) the marine energy sector in Wales has received a “record-breaking” £103.4 million in investments and spending last year.
A £8.8 million (€10 million) project funded by the European Union and UK Research and Innovation was launched yesterday (17 January) to maximise tidal energy generation by developing the “world’s largest tidal turbine blades”.
The Scottish Affairs Committee has called on Ofgem to change how transmission charges are distributed, to help strengthen the Scottish renewables sector.
A European consortium is to test the use of long duration storage flow machine technology with a large scale tidal energy project planned for the UK later this year.