Wales' 'thriving' marine energy sector has potential to become world leader
Wales has the potential to be a world leader in marine energy technology and production, says Business Minister Edwina Hart.
Addressing the Marine Energy Pembrokeshire Industry Seminar in Pembroke Dock, Wales, Hart said: "Wales has a promising marine energy sector which is already beginning to thrive.
"We have some great businesses, world-leading technology, excellent research and development and some pioneering projects in the pipeline including the Marine Current Turbines with their Skerries Project and the Marine Power Systems project.
"With our 1200km of coastline, deep sea ports and accessible grid infrastructure, Welsh waters are ideally suited to meet the requirements of the marine energy industry.," she added.
According to the Welsh Government, around 30% of the UK's energy supply is now coming via Pembrokeshire and is contributing over £2bn a year to the Treasury. Through its increasing importance to the energy supply, the Welsh Government is hailing the area as the 'New Energy Capital' of the UK.
"If the marine energy resource potential is to be exploited around the Welsh coastline, industry needs to rise to the challenge and capture the business opportunities that marine energy can bring," said Hart.