SCOTLAND is ideally placed to lead the way in marine renewables, a conference in Aberdeen was told yesterday.
More than 150 experts from throughout the energy sector were in the Granite City to hear about the role wave and tidal technologies could play in the Scottish economy in years to come.
Scottish Renewables’ annual marine-energy conference featured a long list of speakers, many of whom highlighted positive developments in marine-based power generation and Scotland’s potential to stay ahead of its competitors in this key area of renewables.
Calling for more meaningful co-operation over marine developments from companies in the wider UK energy industry, Subsea UK chief executive Alistair Birnie said: “If we want to see consumer energy prices driven down then we must be serious about our approach to marine renewables. The time for debating is over; now is the time to act.”
Swedish state-owned utility Vattenfall said yesterday that following its £51.5million offer for British natural gas and wind-power firm Eclipse Energy it had received valid acceptances in respect of 91.2% of Eclipse shares.
Vattenfall said it intended to exercise its rights to acquire compulsorily the remaining shares in Eclipse on the same terms as its offer of £18.01 a share.