UK primed to lead Europe's £46bn wave energy market opportunity
Wave power can contribute to 10% of global electricity demand by 2050 if governments and the private sector offer financial support and political stability, with the UK primed to act as the marine energy leader.
UK tidal energy plagued by cost discrepancies, says ETI
Tidal energy is at risk of being priced-out of an increasingly cost-competitive low-carbon market in the UK, unless a successful Contract for Difference (CfD) agreement can be implemented, the Energy Technologies Institute (ETI) has warned.
Swansea Bay: £1.3bn tidal lagoon project earns much-needed backing from Hendry Review
Plans to build the world's first tidal lagoon-based renewable energy system in Swansea Bay have today (12 January) received support from a long-awaited, Government-commissioned review assessing the viability of the project.
EU prepares £400m funding for maritime and ocean energy sectors
The European Union (EU) is set to provide around £412m to support sustainable shipbuilding and ocean energy projects across the continent.
World's first grid-connected tidal array deployed in the Shetlands
Scotland's efforts to become a fully-renewable nation received another boost this month, after a tidal array off the coast of the Shetlands Islands became the world's first to connect to the grid.