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|Wave & Tidal Energy|
Ocean Energy Race Campaign
RenewableUK and our members have worked together to develop the Ocean Energy Race campaign in order to strengthen political support for developing wave and tidal energy in the UK. The strategic aim of the campaign is to harness support from MPs across the UK – as well as across political parties – to exert pressure on the Government to ensure there is a supportive framework for developing marine renewables.
Read our new report on the Ocean Energy Race
Watch our new video on the industrial opportunity of the wave and tidal sectors here
The Hendry Review was submitted to Government on 12th January 2017. It set out a compelling case for ground-breaking tidal lagoon technology to harness the UK’s tidal range resource. The review made clear the economic opportunities for the UK that the Government can seize from both investment in domestic tidal lagoon infrastructure and industry and the massive potential to export our products and expertise abroad. It found the same opportunity exists for the UK in the development of wave and tidal stream technologies.
In their Marine Energy: Key steps to maintain a Great British Success Story, Highlands and Islands Enterprise estimated that the global market for marine energy could be worth around £76 billion between now and 2050 and that the UK has a clear first mover advantage in securing part of this prize.
Our Working for a Greener Britain and Northern Ireland report estimates that in the next decade wave and tidal stream energy could provide jobs for more than 20,000 people, contributing towards continued economic prosperity as we export our skills, services and products.
The Government estimates that wave & tidal stream energy combined has the potential to deliver around 20 per cent of the UK’s current electricity needs which equates to an installed capacity of around 30 – 50GW.
Wave & Tidal Sites in the UK
View some of the Wave & Tidal Energy in the UK on our interactive map.
The Marine Energy Supply Chain Gateway
RenewableUK is a partner on the Marine Energy Supply Chain (MESCG) - a database of suppliers supporting the UK's marine energy industry owned and managed by the Offshore Renewable Energy Catapult. Members of RenewableUK with capabilities in the marine energy sector who would like to be listed as a supplier on the gateway should contact firstname.lastname@example.org.