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This item was published during the term of a previous administration that ended in April 2007

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Scotland well placed to exploit new technology

29/05/2002

Scotland is in a prime position to develop and exploit the opportunities presented by emerging renewable energy technology, Minister for Environment and Rural Development Ross Finnie said today.

Speaking at the All Energy Opportunities Conference in Aberdeen, he highlighted the potential of the emerging sector, not just in terms of generating clean energy, but in establishing a new Scottish industry able to compete in an international market.

Mr. Finnie said:

"From onshore and offshore wind power to wave and tidal stream power, renewable energy presents tremendous opportunities for Scotland. We cannot and will not let these pass by. We already produce some 13 per cent of our energy needs from clean, renewable sources, and there is massive potential to expand this, to benefit everyone with a cleaner environment.

"But the potential for renewable energy doesn't stop there. With its history of working in difficult environments such as the North Sea in pursuit of oil and gas, Scotland is ideally placed to build its existing expertise and world-wide reputation for engineering excellence.

"That means jobs to provide the infrastructure for Scotland, and the chance to compete for a slice of the rapidly growing international market, which could be as much as £10 billion per year by 2010."

All-Energy Opportunities 2002 was sponsored by The Society for Underwater Technology, held in association with the British Wind Energy Association and with the support of Aberdeen City Council, Aberdeen and Grampian Chamber of Commerce, EnergyWeb.net, Industrial & Power Association, The International Marine Contractors Association, Offshore Contractors' Association, Scottish Council for Development and Industry, Scottish Energy Environment Foundation, Scottish Enterprise, Scottish Renewables Forum and Seapower.

Following on from the success of the first event in the series which was held in February 2001, the two-day May All-Energy Opportunities Conference in Aberdeen focuses on taking a down-to-earth look at the growing new renewables market by providing up-to-date market overviews for windy (onshore and offshore) and wet (wave and tidal stream) renewables, and examining supply chain issues; methods of deployment and installation, turbine technology, and wave and tidal advances.

The renewables sector is expected to grow at an astonishing rate over the next few years. The home market for offshore wind projects is currently estimated at £35 million by the end of 2001, rising to £6 billion (to include Europe) by 2006, while the onshore wind market will reach £1 billion/year by 2010. The wave and tidal turbine (stream) markets are each expected to reach £1 billion/year by 2010.

Work underway to support and promote renewables includes:

- the introduction this year of the Renewables Obligation Scotland, which will encourage electricity suppliers to provide 18 per cent of their supplies from renewable sources by 2010; the publication this summer of increased targets for renewable energy towards 2020;

- a planned Marine Energy Test Centre in Orkney, which will provide our indigenous manufacturers with a base from which to test, develop, promote and sell their ground-breaking products;

- finalising proposals for an Energy Research Institute which will enable forward - thinkers to provide solutions to link across the energy sectors and successfully commercialise the results; and

- we already boast four of the world's leading wave companies, and have supported three wave power projects under the Scottish Renewables Obligation (3) - predecessor to the Renewables Obligation Scotland (2002).

Page updated: Thursday, July 22, 2004