OEE: Time for EU to join drive to create global ocean energy market

The voice of Europe’s ocean renewable energy industry, Ocean Energy Europe (OEE), has applauded the UK government’s decision to ringfence £20 million a year for tidal stream energy, calling the EU to step up for ocean energy as well. Rémi … Read More

UK to invest £20 million per year in tidal energy in ‘game-changing’ move for the sector

The UK government will invest £20 million per year in tidal stream electricity as part of its flagship renewable energy auction scheme, kickstarting a brand-new chapter for the marine energy industry. Illustration/SIMEC Atlantis’ tidal energy turbine (Courtesy of SIMEC Atlantis) … Read More

UK Energy Minister considers marine energy ring-fencing in next CfD auction

UK Energy Minister Kwasi Kwarteng has confirmed the government is considering the creation of a ‘pot within a pot’ for marine energy in the 2021 contracts for difference auction round. Illustration/MeyGen tidal turbine (Courtesy of Simec Atlantis Energy) In a … Read More