Scotland needs to invest to seize £8.7bn wave and tidal opportunity
The wave and tidal sectors represent a significant opportunity for Scotland, but will need investment and support to realise it, new research has warned.
The wave and tidal sectors represent a significant opportunity for Scotland, but will need investment and support to realise it, new research has warned.
Off the coast of Alderney later this year, Spiralis Energy chief executive Guy Levene hopes to see the start of a revolution in UK tidal energy. Quite a few revolutions, in fact.
Scottish wave energy developer Mocean Energy is targeting international expansion in Australia and the US as it looks to secure its first commercial orders in 2025.
The Welsh Government has taken an £8 million equity stake in what will become the largest consented tidal energy project in Europe.
The European Union’s executive arm is set to recommend a 90% net reduction of greenhouse gases by 2040, a target backed by climate scientists and criticized by the industry in the face of high energy prices and growing international rivalry in clean technologies.
The head of the UK’s Climate Change Committee Chris Stark will resign as the government struggles to put the country on a trajectory to reach a goal of net-zero carbon emissions by 2050.
Wind power, however, is growing at a slower rate after supply chain issues, inflation and higher borrowing costs put projects in Europe and the US in jeopardy, particularly for offshore farms.
Sir Keir Starmer has been urged not to backtrack on his plans to invest £28 billion in green projects, by Labour’s Greater Manchester mayor Andy Burnham.
The North Sea's skilled oil and gas specialists must be retained to power the transition to clean energy, according to a report released by Offshore Energies UK (OEUK) today.
Renewables for Subsea Power (RSP) in Orkney aims to use wave power to decarbonise oil and gas projects.
Uncertainty over domestic energy policy and a failure to capitalise on Aberdeen and the wider UK’s potential are hindering the country's efforts to become a world-leader in the energy transition, Vysus Group CEO says.
Orbital Marine Power is set to deploy its tidal stream device at a pioneering test facility in Canada’s Bay of Fundy.
Nova Innovation has secured EU funding for a 4MW tidal energy farm off Orkney that will be home to the largest number of tidal turbines anywhere in the world.
The UK government has awarded $1 million (£802 thousand) to a US-led consortium to help develop a new type of water turbine.
Pre-existing shareholder have awarded cash to Mocean Energy as new investors join in awarding a £500,000 grant.
A new 'state-of-the-art' tidal turbine blade has been manufactured in Scotland for the first time, and engineers say it could reduce the levelised cost of tidal energy (LOCE).
A report by the Global Underwater Hub (GUH) released today has emphasised the strength of the UK supply chain but warns a continuing lack of project surety is impeding necessary investment.
Developers of a prototype wave energy device off Orkney say it has weathered Storm Babet and continued to deliver power despite the harsh conditions.
Scottish Renewables is calling on the UK government to take urgent action to maintain the country's position as a 'world leader' in renewables.
Scottish Renewables has announced the shortlisted nominees for the 2023 Scottish Green Energy Awards, set to be held on November 30 in Edinburgh.
The UK’s largest producer of oil and gas, Harbour Energy, has partnered with Mocean Energy to harness wave energy to power offshore installations.
And so it came to pass …. I was writing here last month when the announcement on the latest Contract for Difference round was imminent and it appeared a distinct possibility that offshore developers would give it the cold shoulder. As indeed they did.
Local leaders and international influencers gather in Aberdeen for Energy Voice's inaugural Women In New Energy conference celebrating the critical role women have in shaping the future of the energy sector.
A new study will determine the potential for shared floating platforms used by offshore wind and wave energy devices.
Rivtide Power has been awarded a £100,000 SMART: SCOTLAND feasibility study grant by Scottish Enterprise to further develop its hydro-turbine technology.
A huge energy transition opportunity awaits, meantime Aberdeen needs to retain its oil and gas skills base.
“Innovation funding is crucial for early-stage technologies, and I am grateful to EuropeWave for this support which will help leverage the additional private investment this project will require,” he continued.
Aker Solutions and Mocean have signed an agreement which could see UK oil and gas fields powered by wave energy within two years.
The UK will fall further behind the US on green technologies without a national investment fund to help turn start-ups into the companies of tomorrow, a leading think-tank has warned.