Energy Minister Greg Hands, explained: \u201cThe development of Scotland\u2019s renewables industry is a major UK success story, with our renewable energy auction scheme playing a vital role in the UK becoming a world leader in clean electricity generation and helping to bring down prices for consumers.<\/p>\n

\u201cToday\u2019s dedicated backing for tidal stream power is opening up a new chapter for Scotland\u2019s coastal communities and advancing the possibilities for the Scottish marine energy sector to play a significant role in delivering the UK\u2019s green industrial revolution.\u201d<\/p>\n

Chair of the UK Marine Energy Council, Sue Barr, concluded: \u201cThe impact of this support cannot be overstated. Here in the UK we have the knowledge, skills, people and projects to lead the world in marine energy, but we have been missing a vital piece of the puzzle to unlock investment and allow the sector to scale-up and deliver. The marine energy sector stretches the length and breadth of the UK – from the Isle of Wight to Orkney and Shetland.<\/p>\n

\u201cThis dedicated ringfence will secure our domestic market, support decarbonisation and will enable tidal stream energy to develop; delivering export opportunities, green jobs, and economic growth in the process. We are grateful to Ministers and the broader UK Government for having listened, understood and acted. This new support for tidal stream brings us one step closer to delivering a Great British success story that will provide both environmental benefits through the generation of renewable energy alongside UK-wide supply chain benefits.\u201d<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The government has announced it will invest a staggering \u00a320m in Tidal Stream electricity each year across the UK, unlocking vast potential for Scottish tidal power. This sizeable investment is part of the UK\u2019s flagship renewable energy auction scheme. Kickstarting a novel chapter for Scotland\u2019s tidal industry and creating jobs across the Scottish coastal regions. […]<\/p>\n","protected":false},"author":13,"featured_media":16180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[24204],"tags":[24134,628],"acf":[],"yoast_head":"\n