
Sustainable Marine has unveiled plans to start operating its floating tidal energy platform early in 2022 to demonstrate that Nova Scotia can produce vast amounts of clean and predictable energy from its world-famous tidal streams.

The voice of Europe’s ocean renewable energy industry, Ocean Energy Europe (OEE), has applauded the UK government’s decision to ringfence £20 million a year for tidal stream energy, calling the EU to step up for ocean energy as well.

Works to redevelop areas within Pembroke Port and create the infrastructure needed to support the development of a world-class marine energy hub have started.

The UK’s tidal energy industry has welcomed the government announcement of ring-fenced funding for tidal stream energy, deeming the move as ‘absolutely pivotal’ for reinstating the industry on its journey to large-scale power generation in the UK.

The UK government will invest £20 million per year in tidal stream electricity as part of its flagship renewable energy auction scheme, kickstarting a brand-new chapter for the marine energy industry.

Scientists from Malta have developed and verified a simulation tool that can help developers assess the effect of waves on the offshore floating solar system and optimise its energy yield.

The Oceanic Platform of the Canary Islands (PLOCAN) has been confirmed as the new coordinator of the EU-backed MUSICA project that aims to develop a multi-use platform combining renewable energies, aquaculture, water desalination, energy storage and green support services.

Mocean Energy’s managing director Cameron McNatt has joined the industry panel of the Net Zero Technology Centre, tasked with informing the centre’s board on the trends and opportunities a low-carbon future will bring.

Finnish wave energy company Wello and government-led agency Export Barbados (BIDC) have announced a new cooperation agreement to explore the opportunities that lie in Barbados’ marine space for energy generation.

Norway’s Bounheur ASA has established a new company, Fred. Olsen 1848, dedicated to developing and commercialising new technologies related to renewable energy such as floating offshore wind and floating solar. Fred. Olsen 1848 will focus on the development and commercialization of existing, but als

Swedish wave energy company Seabased has signed a lease agreement with the Government of Bermuda for the construction of 40MW wave energy park.

Leading figures in the marine energy sector have warned that the UK’s world-leading position in tidal energy can only be maintained with ‘practical support from Government to match its undoubted goodwill’.

Scottish tidal energy company Nova Innovation has opened a crowdfunding campaign on the Seedrs investment platform.

The representatives of the Basque Energy Cluster and the Blue Cluster from Belgium have signed a memorandum of understanding (MoU) to promote European offshore energy know-how worldwide.