In a speech yesterday at the Tidal Energy Summit Edward Davey, Secretary of State for Energy & Climate Change, announced that the UK is on the forefront of the worlds tidal energy development and tidal power could be a cornerstone of the global low-carbon economy.
“The UK is the world’s foremost centre for tidal energy development. Tidal power has the potential to contribute significantly to Britain’s energy security and provide clean energy and predictable clean energy, as part of a diverse mix.
“Tidal power is part of the UK’s future. The 2020s will see tidal power contributing to the UKs energy security – and to our economic growth.
“And tidal power could be one of the cornerstones of the global low-carbon economy that we need to develop if we are to tackle the growing threat of climate change. So if we can bring this industry to commercial realisation, it will be a gift to world.
“Once again Britain is the focus for global development and we should not let that moment pass.”
The Marine Energy Programme Board estimated this year that by 2035 the UK marine energy industry could be worth over £6bn a year, employing around 20,000 people supplying both domestic and global markets.
Pictured is Ed Davey MP, Secretary of State for Energy & Climate Change