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Funding for Marine Energy

  20/07/2009
Wave energy developer Aquamarine Power welcomes the GBP60m package for marine renewable energy development announced on 15th July 2009 by the Department of Energy and Climate Change (DECC) under The UK Low Carbon Transition Plan.
 

 

The package includes GBP9.5m for the Wave Hub in Cornwall; GBP10m for the New and Renewable Energy Centre (NaREC) in Northumberland; GBP10m South West Regional Support for deployment and R&D and GBP8m to the European Marine Energy Centre (EMEC) in Orkney.

 

Critically, it includes a GBP22m Marine Renewables Proving Fund to support developers testing & developing pre-commercial prototypes.

 

 





Supplier: Aquamarine Power

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