![]() ![]() ![]() Tidal energy has the potential to be a very reliable source of generation, given the clockwork predictability of the tides. Over time Scotland’s marine technologies have the potential to significantly contribute to the UK’s decarbonisation commitments and will support hundreds of green jobs across the country, with projects currently in development in North-West Scotland, North Wales and the Southern coast of England. Furthermore, just this year Simec Atlantis Energy Ltd, a homegrown company used their expertise to export and install a tidal turbine – designed and built in Scotland – for piloting in Japan. In fact, the UK has the largest tidal stream deployment in the world, so much so that almost 50% of the world’s installed tidal stream capacity is in Scottish waters. Scotland has long been a pioneer for tidal technology, hosting the world’s largest tidal stream generating station which was built in 2018 thanks to a £10 million innovation grant from the UK Government and extensive support under the Renewables Obligation mechanism – the highest level of support awarded to any technology. ![]() This will bring the total funding for this allocation round to £285million per year UK-wide. Globally, 1.38 MW of wave energy came online in 2021, while 3.12 MW of tidal stream capacity was installed.īy way of comparison, Europe installed 17.4 gigawatts of wind power capacity in 2021, according to figures from industry body WindEurope.Today’s announcement will unlock the potential for a thriving Scottish tidal power sector, with the cash boost supporting marine technologies which could benefit the whole of Scotland and the rest of the UK.Īs part of the fourth allocation round of the Contracts for Difference Scheme due to open next month, the UK Government will ensure that £20million per year will be ringfenced for Tidal Stream projects, giving Scotland’s marine energy sector a chance to develop their technology and lower their costs in a similar way to its world-leading offshore wind industry. In data released in March 2022, Ocean Energy Europe said 2.2 MW of tidal stream capacity was installed in Europe last year, compared to just 260 kilowatts in 2020.įor wave energy, 681 kW was installed, which OEE said was a threefold increase. These include tidal stream devices which, the European Marine Energy Centre says, "are broadly similar to submerged wind turbines." Compared to other renewables, the overall size of tidal stream and wave energy projects is very small. While tidal barrage developments were the initial focus of those operating in the marine energy industry - EDF's La Rance tidal barrage dates back to the 1960s, for example - recent years have seen companies focus their attention on different systems. By contrast, renewables' share stood at 20.1%, while nuclear accounted for 18.9%. Energy Information Administration, in 2021 fossil fuels' share of utility-scale electricity generation was 60.8%. Today, America's electricity generation mix remains heavily reliant on fossil fuels.Īccording to preliminary figures from the U.S. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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