Marine energy moves forward

Archive

The Carbon Trust has announced funding for new projects to accelerate marine energy development

has announced funding for a series of new projects as part of a £3.5m programme to accelerate marine energy development and cement the

’s lead in renewable marine power.

The funding is part of the Marine Energy Accelerator (MEA) - the Carbon Trust’s initiative to accelerate the commercialisation of marine energy technology – a sector to which it has committed £6.5m during the last four years. According to the Carbon Trust, cost is the key issue currently preventing marine from being competitive with other energy generation sources and the MEA aims to reduce cost by working in three key areas.

Installation, operation and maintenance of marine devices is one of these areas and the Carbon Trust said it will be working with three of the leading existing device manufacturers - AWS Ocean Energy, Hammerfest Strom and Ocean Power Technologies – to drive down the costs of these activities.

Register now to continue reading

Thanks for visiting The Engineer. You’ve now reached your monthly limit of premium content. Register for free to unlock unlimited access to all of our premium content, as well as the latest technology news, industry opinion and special reports. 

Benefits of registering

  • In-depth insights and coverage of key emerging trends

  • Unrestricted access to special reports throughout the year

  • Daily technology news delivered straight to your inbox

Register
Or continue by

Signing in with your registered email address