Carbon Trust is a leading independent authority on marine
energy. Since launching the Marine Energy Challenge in 2003 we have
worked to understand and overcome the barriers facing the industry
as it moves towards commercialisation. Our report Accelerating Marine Energy
provides our view on how the cost of wave and tidal energy can be
brought down by supporting innovation in devices and in the supply
chain, and case studies of technologies supported by the Marine
Energy Accelerator.
Carbon Trust also manages programmes that are
moving marine energy towards full scale, commercial
deployment. The Marine Renewables Proving
Fund provided financial and technical support for full-scale
demonstration of promising wave and tidal devices. We are
currently administering the Scottish Government's Marine Renewables
Commercialisation Fund (MRCF) which will provide £18
million of capital support to commercial-scale arrays of multiple
devices.
We have also published a range of background technical reports
and detailed reports are available on the UK's tidal resource and wave
resource.
Carbon Trust have also invested in marine energy developers and
provided support through our Entrepreneurs Fast Track scheme,
building long term relationships with innovators: see the case
study on Pelamis Wave Power. To learn more
about the current status of the industry see our background
briefing on the marine energy sector (July 2012).
Carbon Trust led the Marine
Technology Innovation Needs Assessment for the LCICG, which
analyses the commercial potential and key economic benfits to the
UK of wave and tidal flow energy.
Carbon Trust is a partner in the
recently launched
SI Ocean project which aims to create a common
strategy for wave and tidal stream deployment in the EU. The
project is supported by the EU's Intelligent Energy Europe
programme.
Part
funded by:
Project supported by:
