Scottish Enterprise invests in marine energy research

Investment agency Scottish Enterprise will contribute £450,000 towards the first joint call of the Ocean Energy European Research Area Network (ERA-NET), Energy Minister Fergus Ewing will announce today.

The network is providing a €7m funding pot to contribute to the advancement of ocean renewables via collaborative research and development programmes between European countries. The first joint call for proposals will open at the end of October when research organisations and companies across Europe will be eligible to apply for funding for new projects and research.

Ewing said: “We know that the successful harnessing of ocean power takes hard work and persistence which is why we are determined to support those in the industry.

“By working with our colleagues in Europe to research clean, green energy we are opening up opportunities for communities and delivering jobs and investment.”

New opportunities

Renewable energy representative body Scottish Renewables welcomed Scottish Enterprise’s involvement in the scheme.

Senior policy director for offshore renewables Lindsay Leask said: “We’re delighted to see Scottish Enterprise supporting the Ocean Energy European Research Area Network (ERA-NET). This investment opens up huge opportunities for Scottish companies and proves once again that Scotland is right at the heart of the increasing European interest in marine energy.

“The development of wave and tidal energy is already delivering significant economic benefit to the Scottish economy. Only last week, figures released by Scottish Renewables showed the sector has already invested more than £217m to date, and that around two thirds of the supply chain is Scottish.

“The Scottish marine energy sector has realised the best way to overcome challenges is by pooling resources and working together. Programmes like ERA-NET will help allow Scottish companies to do exactly that, by working collaboratively with partners across Europe.”

Lois Vallely

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