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Home›Marine Energy›Orkney MSP seeks clarifications over wave energy funding
Marine Energy

February 4, 2015 · about 11 years ago

Orkney MSP seeks clarifications over wave energy funding

Orkney MSP Liam McArthur has asked the Scottish Government to provide clarity over future funding for wave energy sector, urging Finance Secretary John Swinney to investigate why Aqumarine Power had not received due payments. During General Questions in parliament, McArthur asked Finance Secretary J

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Orkney MSP Liam McArthur has asked the Scottish Government to provide clarity over future funding for wave energy sector, urging Finance Secretary John Swinney to investigate why Aqumarine Power had not received due payments.

During General Questions in parliament, McArthur asked Finance Secretary John Swinney for an update on progress with establishing the objectives and budget for Wave Energy Scotland. He also called for a swift decision regarding the Aquamarine Power’s not receiving due payments.

Liam McArthur commented: “ With Pelamis going into administration and Aquamarine Power scaling back its operations, there is little doubt that the wave energy sector in Scotland has suffered two serious hammer blows in recent months.

“We should not lose sight of the fact, however, that advances have been made. Aquamarine, for example, has successfully achieved a number of important milestones in the development of its Oyster device. Support from the Marine Renewables Commercialisation Fund has been important in enabling some of these successes to happen.

“Unfortunately, there is currently no clarity from the Carbon Trust, which runs the MRCF, over whether agreed funding is going to be released for works already completed. This is a situation that presents serious challenges for the company.

“John Swinney has committed to investigate this case and I welcome that constructive response. Hopefully, this intervention can help provide the clarity that staff at Aquamarine Power so urgently need in these very difficult times.”

Image: liammcarthurmsp

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