Energy Minister Comments on EU Funding for Two UK Tidal Projects

Energy Minister Comments on EU Funding for Two UK Tidal Projects

On Tuesday 18 December 2012 the European Commission announced EU funding for two UK tidal projects under its NER 300 scheme; Scottish Power Renewables (SPR) Sound of Islay Demonstration Tidal Array, 20.7m € and Marine Current Turbines (MCT) Kyle Rhea Tidal Turbine Array project, 18.4m €.

Energy and Climate Change Minister Greg Barker said:

“European funding for Scottish Power Renewables and Marine Current Turbines’ tidal projects is great news for the UK’s marine energy sector and further underpins the UK’s position as a world leader in this source of clean green power.

“This new investment is a fantastic opportunity for these projects to demonstrate the future potential of marine energy and I am delighted that two UK firms have the chance to take advantage of this funding and drive forward further development of tidal technologies.” 

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Press release, December 19, 2012; Image: DECC