Getting the support framework right over the next decade, could see ocean energy covering 10% of EU electricity demand by 2050, a highly attractive prospect for the EU.
Over the next few years, the ocean renewable energy industry will deploy pilot farms, with Scotland leading the way.
These early projects will set a path for the industrial roll-out of up to 100GW of deployed capacity around Europe by 2050.
The EU is now moving to support ocean energy in a meaningful way, adding further momentum to sector’s steady march towards commercialisation.
The European industry will converge on Dublin on 20-21 October to hammer out a development strategy and forge partnerships that will take progress to next level.
Find out why is this happening now in Scottishp-UK-Energy-News BUSINESS PROFILE – http://goo.gl/4z7Kag