News / Wave energy money
THE SCOTTISH government is making available an £18 million fund to boost the wave energy sector.
Scottish Energy minister Fergus Ewing is to unveil the Marine Renewables Commercialisation Fund at the All-Energy conference in Aberdeen on Wednesday.
The minister said the money was dedicated to helping get the wave sector to the “first array” stage.
He added that this new approach would ensure Scotland remains at the forefront of marine energy.
“Scotland has a world-leading resource and is a hot-bed of innovation and talent, making marine energy an exciting green growth sector.
“Scotland needs both wave and tidal stream technologies to help decarbonise our electricity system, increase energy security, and reduce dependence on imported fossil fuels,” he said.
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