The UK could become a leading exporter of wave and tidal power if the Government adopts a more visionary approach. This is according to a new report by the Energy and Climate Change Select Committee, which warns Britain risks losing its competitive edge in the marine field should government not take advantage of the UK’s lead on marine technology.
Tim Yeo MP, Chairman of the Committee said: “Britannia really could rule the waves when it comes to marine renewable energy.
“A more visionary approach from the Department of Energy and Climate Change could help to boost confidence and drive the pace of development.”
The UK currently dominates the world market for wave and tidal energy technologies. There are eight full-scale prototype devices installed around the world, seven of which are in the UK. The report notes that the UK was at one point a leader in research of wind turbines but failed to establish a strong enough domestic industry and should try its best to avoid a similar experience with marine tech.
Dr Stephanie Merry, REA Head of Marine welcomed the report: “It’s great to see this important report acknowledging the enormous energy potential that surrounds our island nation. We are particularly keen to see the Government avoid repeating the mistakes it made with wind in the 1980s, when it missed out on the chance to seize a huge manufacturing opportunity which eventually went to Denmark.”