Finance and grid issues top Scotland's wave and tidal agenda

Scotland's marine industry has moved ahead over the last three years, but challenges remain

Mike Brookes Roper/Aquamarine Power

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By Darius Sniekcus Bristol

 Monday, June 25 2012

Updated: Monday, November 26 2012

Scotland’s industry-led Marine Energy Group (MEG) has launched a revised blueprint aimed at accelerating development of the country’s wave and tidal sectors – which still face significant barriers in areas such as financing and grid connection.

The document, which builds on the Marine Energy Action Plan (Meap) launched in 2009, is designed to improve access to finance, grid development, infrastructure and supply chain, the planning regime and engagement with Europe.

Scottish Renewables chief executive Niall Stuart says: “Many developers have already proven their technology works. But securing the necessary finance to help them take the next steps towards commercial-scale arrays is a major challenge, not to mention being faced with massive costs to connect their projects to the grid.”

“We need greater financial opportunities for…

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