Scots tidal energy chiefs elected to board of Ocean Energy Europe

 

John Malcolm
John Malcolm

Two of Scotland’s tidal energy leaders have been elected to the board of Ocean Energy Europe, the Brussels-based industry association.

John Malcolm, Chief Executive of Edinburgh-based Aquamarine Power, and Oliver Wragg, Commercial Director of the European Marine Energy Centre in Orkney, were among six new directors elected last month.

They will serve for a period of three years. Ocean Energy Europe has some 100 corporate members, who include Scottish Power Renewables.

Shortly after John Malcom was appointed at Aquamarine, the company announced that it would be cutting its workforce of 50 people by half.

He said: “The recent events in the wave energy sector have underlined the significant challenges faced by the ocean energy sector in securing the long term private and public investment required to bring new technologies to commercial maturity.

“Recent policy initiatives including the European Commission SI Ocean project have clearly outlined the incredible opportunities this industry offers through jobs, economic growth and green energy.

“However for the wave industry, these benefits will not be fully realised until into the next decade and I believe the European Commission has a crucial role in providing the long-term, stable support the wave sector so clearly needs.”

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