27 Jun '11, 11pm

Cash to take marine power devices to the next level of development has been announced by Greg Barker,

Reference: 2011/055 27 June 2011 Climate Change Minister in Scotland to announce £20m for marine industry Cash to take marine power devices to the next level of development has been announced by Climate Change Minister Greg Barker on a visit to Pelamis Wave Power at Leith Docks in Edinburgh. Generating energy from the power of waves or tides has the potential to meet 15-20% of the UK’s current electricity demand by 2050 as well as helping to reduce emissions to fight climate change. Up to £20 million from DECC’s budget of over £200 million to fund low carbon technologies, announced at the Spending Review, will help progress the development of marine devices from the current large scale prototypes to bigger formations in the sea. Greg Barker said: “Marine power has huge potential in the UK not just in contributing to a greener electricity supply and cutting emissions, but i...

Full article: http://www.decc.gov.uk/en/content/cms/news/pn2011_055/pn2...

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