New report demonstrates marine opportunities

A Crown Estate report which makes clear that the majority of the UK’s wave energy resources are off the coast of Scotland demonstrates the scale of the opportunity that the technology offers.

The report estimates that wave energy from waters around Scotland could generate 18 gigawatts (GW) compared to 8.7 GW from the waters around England and Wales combined.

Meanwhile tidal stream and tidal range projects could generate 11 GW and 12.5 GW respectively from Scottish waters.

Commenting, SNP MSP Rob Gibson said:

“What this report makes clear is the scale of the opportunities that exist in the waters around Scotland.

“Wave and tidal energy has the potential to quite literally power economic growth and investment in Scotland in years to come.

“These kinds of projects will bring jobs and investment to coastal communities across Scotland, providing a massive economic boost in many areas.

“Grasping the opportunities that wave and tidal energy offers us is a key part of meeting Scotland’s ambitious target of generating the equivalent of 100% of our electricity demand from renewable sources by 2020.

“The progress that has already been made in Scotland is striking and I am confident that the marine renewables sector will see rapid growth in years to come.”