Scotland possesses huge wave and tidal energy resources and the potential exists to generate more electricity than we currently need from the waters around the Scottish coast.
The Crown Estate's report of 2012, UK Wave and Tidal Key Resource Areas Project, found that Scottish waters offer the majority of the UK’s wave resources (46 TWh/year) and significant tidal stream resources (32 TWh/year).
Some of the best resources are located off the north-west coast and northern tip of Scotland. The Scottish Government believes that wave and tidal energy will make a very important contribution towards meeting our future demand for electricity.
Our flagship European Marine Energy Centre (EMEC) celebrated ten years of real-sea experience in 2013. There have been more grid-connected marine energy converters deployed at EMEC than at any other single site in the world, and the centre remains the world’s only accredited marine energy laboratory.
The Scottish Government was the first to respond when industry called for differentiated funding for wave and tidal technologies. Scotland's energy minister announced a refocused £18 million Marine Renewables Commercialisation Fund in May 2013. The revised scheme offers a tailored approach for wave energy and is complemented by support for the enabling technologies that are crucial to the success of the earliest wave and tidal arrays. In September 2013, Scotland’s energy minister announced that leading Scottish wave developers Aquamarine Power Limited and Pelamis Wave Power would share a slice of the £13m wave first array support programme – part of the Marine Renewables Commercialisation Fund.
The Scottish Government has set the world’s most ambitious climate change and renewable energy targets; it has developed supportive policies; it has invested in state-of-the-art testing facilities for the marine energy industry; and it is providing the capital support that is essential to leverage private sector investment.
The Scottish Government will continue to do all it can to help the sector attract investors and industrial partners who have the financial muscle and expertise that this emerging industry needs to succeed.
Further information about marine licensing and current projects can also be found on the Marine Scotland web pages.