First UK marine energy park for south west

Britain’s first marine energy park will be developed in the south west of the country, in a bid to speed up the commercial expansion of the wave and tidal industry from 2020, the UK government have announced.

Over the past seven years, over à‚£100m ($155m) have been invested in the UK’s south west marine energy industry.

The park will stretch from Bristol to Cornwall and the Isles of Scilly. The first commercial wave farms of 10 to 30 MW will be located off the north Cornish coast.

The Isles of Scilly have the potential to provide the islands with self-sufficient energy or export back to the mainland.

A report by the UK’s Offshore Renewables Resource Assessment and Development project estimates that over 1240 MW of wave energy projects could be developed by 2030.

“This figure could be considerably higher if wave energy technology is successful in driving down costs to become competitive with offshore wind and to make it economically viable to exploit resources greater than 50 km from shore,” the document said.

According to the UK government wave or tidal energy has the potential to generate up to 27 GW of power in the UK alone by 2050, equivalent to eight coal-fired power stations.

“Marine power has huge potential in the UK not just in contributing to a greener electricity supply and cutting emissions, but in supporting thousands of jobs in a sector worth a possible à‚£15bn to the economy to 2050,” said Greg Barker, Britain’s energy and climate minister.

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