23 Jan '12, 1am

First UK marine energy park sets sail in the South West - 23 Jan 2012 - News from BusinessGreen via @businessgreen

A huge area running from Bristol to Cornwall and the Isles of Scilly will today be named as the UK's first designated zone for the development of marine energy. Climate change minister Greg Baker will announce the South West Marine Energy Park (MEP) and launch a prospectus outlining how the public and private sectors will work together on the project during a visit to Bristol. FURTHER READING Ecotricity aims to make a splash with new marine energy business Alstom and SSE announce plan for “world’s largest” wave farm The prospectus says the South West MEP will make it a priority to secure additional incentives for business investment including, business rate reductions, higher levels of capital allowances, Regional Growth Fund and other enterprise grants, inward investment, and access to the Green Investment Bank. It will also look to coordinate port and infrastructure deve...

Full article: http://www.businessgreen.com/bg/news/2140426/uk-marine-en...

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