28 Feb '18, 3pm

New blog: Does the new Scottish National Investment Bank hold hope for wave and tidal?

Posted on 28/02/2018 by Nick Sharpe The First Minister’s confirmation that a Scottish National Investment Bank will be up and running by 2019 could be good news for renewable energy. While some green energy sectors can compete commercially, others can’t. But comments made at an event to mark the publication of a report on the bank’s implementation on Wednesday give cause for some optimism. Scottish Renewables asked the First Minister directly whether the creation of SNIB would lead to more support for marine energy. She replied: “One of the motivations behind establishing a bank is in filling gaps and being able to create markets or make more extensive the markets for some emerging sectors. Renewable energy is clearly one of those areas.” Also speaking at the event was Tesco Bank CEO Benny Higgins , who had authored the report into the creation of a Scottish National Inves...

Full article: https://www.scottishrenewables.com/news/blog-does-new-ban...

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