“£2.5 Biullion boost to Economy through
Renewables” of financial support.
Climate Change Minister Greg Barker made the announcement on a visit to Bristol where he met with key members of the new initiative.
The First UK marine energy park
“£10M funding for marine energy R & D”
The South West has today been named as the UK’s first Marine Energy Park, firmly placing the region on the international map for leadership in marine renewable energy.
“More Water Companies benefit from Solar Power “
£100 million has been invested in the south west marine energy industry, over the last 7 years, creating world leading research and demonstration facilities. Such investment has supported the development of the largest consented area for marine technologies in the world at Cornwall’s Wave Hub, the
Fab–Test nursery site at Falmouth, the new marine science building at Plymouth and globally–leading research facilities at Exeter University and the National Composites Centre at Bristol.
The UK, now has the most comprehensive marine energy support programme in the world. This provides help from the earliest stages of university research through to demonstration and roll-out under the Renewables Obligation for which the government is proposing to more than double the amount
“Edward Davey, Opens the Walney Offshore Windfarmt”
£2.5bn Boost to Economy Through Renewables
“Solar power for remote flood defence
Latest research from DECC shows that so far this financial year, companies have announced plans for almost £2.5billion worth of investment in renewable energy projects in the UK, with the potential to create almost 12,000 jobs across the country.
In a separate report to the European Commission on renewable energy progress it was shown that the UK:
Achieved a 27% increase in renewable energy consumption from
marine energy park”
42.6TWh in 2008 to 54TWh in 2010 - representing 3.3% of total energy consumed.
Increased wind generation by 46% from 7TWh in 2008 to 10.2TWh in 2010, and in 2010 achieved 5GW of offshore and onshore wind capacity; and
Saw a threefold increase in the use of biofuels in transport from 1% of total
road transport fuel supply in 2007/8 to 3.33% in 2010. Chris Huhne, Energy Secretary, at the time said:
“Renewable energy is not just helping us increase our energy security and reduce our emissions. It is
supporting jobs and growth across the country, and giving traditional industrial heartlands the opportunity to thrive again.
“Our renewable target is less demanding than other EU member states, but the effect is bringing real jobs and investment.
“I do not want the UK to be left behind by turning our back on the green economy. The agreement to negotiate a global deal secured at Durban has reinforced major nations’ commitment to cutting carbon. We cannot afford to stand alone while the world wises up.”
The South West Marine Energy Park will stretch from Bristol through to Cornwall and as far as the Isles of Scilly. It will create a collaborative partnership in the region between national and local government, Local Enterprise Partnerships, the Universities of Plymouth and Exeter and industry including Cornwall’s famous Wave Hub. The aim of the partnership will be to speed up the progress of marine power development.
Energy from the waves or tides has the potential to generate up to 27GW of power in the UK alone by 2050, equivalent to the power generated from 8 coal-fired power stations, as well as helping to reduce emissions to fight climate change.
Greg Barker said:
“This is a real milestone for the marine industry and for the South West region in securing its place in renewables history as the first official marine energy park. The South West can build on its existing unique mix of renewable energy resource and home-grown academic, technical and industrial expertise.
“Marine power has huge potential in the UK not just in contributing to a greener electricity supply and cutting emissions, but in supporting thousands of jobs in a sector worth a possible £15bn to the economy to 2050.
“The UK is already a world leader in wave and tidal power, so we should capitalise on this leadership to make marine power a real contender in the future energy market.”
During his visit, the Minister launched the South West Marine Energy Park Prospectus which outlines how the region’s public and private sector will work together with the government and other key national bodies such as the Crown Estate.
The work to develop the South West Marine Energy Park has been commissioned by Cornwall Council and Plymouth City Council. The work was undertaken by Regen SW.
announcement the Cabinet member for economy at Cornwall Council, Chris Ridgers, said:
“Cornwall’s marine energy programme is reinforced by more than a thousand years of industrial heritage. The land and the sea have provided the foundation of Cornish entrepreneurship in engineering and innovation, recognised across the world. Now, in the 21st century, Cornwall continues to provide the perfect balance between resource, people and infrastructure supporting the South West Marine Energy Park and unlocking the potential of a global industry. ”
The Leader of Plymouth City Council, Councillor Vivien Pengelly, said:
“The opportunity for growth and increased commercialisation in marine renewable energy, which underpins the ethos of the South West Marine Energy Park, represents a major opportunity to help Plymouth’s economy generate investment and jobs. Plymouth has world - class research and development expertise in this field along with a strong marine business base and advanced manufacturing sector and looks forward to working closely with its private and public sector partners to make the South West Marine Energy Park a success.”
Programme Director at Regen SW, Johnny Gowdy, said:
“The launch of the South West Marine Energy Park is a recognition of the great resources, research facilities and businesses we have in the region - it also puts the South West in a position to attract future investment, and to be at the forefront of the new global marine energy industry”
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