The UK’s wave and tidal energy industries have warned that Government must give the right level of support in order to see growth, in a report published by Renewable UK today.
The House of Commons Energy and Climate Change Select Committee will hold its third evidence session in public this week as part of its current inquiry into a possible Severn Barrage - with an estimated cost of £34 billion.
A new shale gas industry in Britain will not mean a drastic fall in prices because extraction costs are too high and output too slow, according to a report by Bloomberg New Energy Finance.
A new project has been supported by the Technology Strategy Board (TSB) to provide a lower cost, optimised installation vessel for tidal energy array installations.
Britain’s manufacturers have called on the government to give them the clarity and predictability they need to invest in the low carbon economy by setting out its vision by the end of 2013 on how industry can deliver it.
Statkraft, Europe’s largest renewable energy company, has entered into an agreement with IDE Technologies Ltd for the development of an Osmotic Power Generation pilot plant in Norway.
Wave and tidal energy has placed joint second with wind in a UK poll asking people which technologies they supported most for meeting Britain’s future energy needs.
Shale oil production could increase the UK economy by up to £50 billion by 2035, according to a report from PricewaterhouseCoopers.
Neptune Renewable Energy, which was demonstrating a tidal device in the Humber estuary, has gone into liquidation, it announced yesterday.
A tidal energy platform specialist, Sustainable Marine Energy (SME), working closely with Cranfield University, has completed a £150,000 SEIS eligible funding round.