marine energy

The companies intend to develop offshore technology that will make future projects cheaper, more efficient and more predictable

The funding will support research and development related to offshore oil, natural gas, wind and marine hydrokinetic energy production, with a focus on safety, environmental monitoring and operational improvements

It will examine how the UK can ‘build back greener’ through marine renewable energy projects, including floating offshore wind farms, tidal stream and wave energy

The project is expected to generate £73.5m a year for the Swansea Bay’s economy

The consents cover two DG100 tidal kite systems which will be installed off the coast of the Faroe Islands

The 50-tonne structure, which resembles a giant buoy, will be built in Scotland

The grant will support the next stage of the development of Marine Power Systems’ WaveSub device

The two-year project will look at the regional implications of climate change, focusing on coastal communities

It will support the development and commercialisation of its Deep Green technology

It is working with utility company SEV for the development and operation of its Deep Green technology in Vestmannasund