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.
Private funding challenge for £20m marine scheme
RenewableUK and the Renewable Energy Association (REA), both critical of the Government's low level investment in wave and tidal a year ago, have adopted a thoroughly optimistic stance to the unveiling of DECC's £20m Marine Energy Array Demonstrator scheme.
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