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£1 million for Scottish marine energy

£1 million for Scottish marine energy

The Scottish Executive is to give over £1 million of funding to a tidal energy research centre in Orkney.

It will be in addition to the £6 million of funding from various sources already allocated to the European Marine Energy Centre.

The Executive hopes the money will be used to provide facilities for companies to investigate the commercial viability of tide – not wave – power.

Deputy First Minister Jim Wallace said: “There is a huge natural resource off the Scottish coastline and it is important we utilise it. Doing so will reduce the Carbon Dioxide emissions which are harming our environment, and create more jobs, benefiting Scotland as a whole.”

The Executive hopes that 10 per cent of Scotland’s electricity will be produced from marine sources by 2020.