£6.5m boost for marine innovation

The UK’s marine energy industry is receiving funding worth £6.5million for innovation in the sector. The investment from the Technology Strategy Board and Scottish Enterprise will support seven new wave […]

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By Priyanka Shrestha

The UK’s marine energy industry is receiving funding worth £6.5million for innovation in the sector.

The investment from the Technology Strategy Board and Scottish Enterprise will support seven new wave and tidal projects, which includes research, development and demonstration of innovative technologies.

Iain Gray, Chief Executive of the Technology Strategy Board said: “These projects will help UK businesses exploit innovative new technologies in a growing market. The marine energy industry is at a critical stage and needs to demonstrate that energy from wave and tidal power can be generated, successfully, at scale and at a reduced cost.

“The cross-industry collaboration being shown in these projects is vital to help solve key technical challenges in deploying first marine energy arrays.”

One of the projects will include the development of an operating concept to handle aggressive marine conditions that are typical of tidal energy sites.