Scotland Seeks to Rule the Waves With (Pounds) 50m Investment in Renewable Energy Scheme

 

Aug 02 - Herald, The; Glasgow (UK)

SCOTLAND is to become one of the world's leaders in wave and tidal power, following a (pounds) 50m investment in renewable energy.

The news of the Department of Trade and Industry funding boost was tempered by revelations the government was about to unveil plans to bury millions of tonnes of carbon dioxide emissions under the North Sea.

A huge wave turbine will reportedly be placed off the coast of Scotland as part of the scheme to accelerate the commercial deployment of wave and tidal devices.

DTI officials have set out a renewable energy action plan in the wake of a report commissioned by the Forum for Renewable Energy Development in Scotland (Freds) which estimated wave power could create 7000 jobs in Scotland by 2020.

The cash will go towards a Marine Renewables Deployment Fund to develop energy supplies that will help tackle climate change.

Lewis Macdonald, deputy enterprise minister, said the Freds report had shown that marine energy could generate as much as 10% of Scotland's electricity by 2020, and create an industry sustaining thousands of new jobs.

He said: "We have the technologies and we have the commitment to succeed.

"Renewable energy technologies also play an important part in our efforts to reduce emissions of the greenhouse gases that are causing climate change."

Mr Macdonald welcomed the DTI's investment and said the executive would also offer additional support to marine energy developers in Scotland.

In a separate development, the DTI is expected to announce a national consultation on the capture and storage of carbon dioxide from coal and gas power plants.

It has been reported the DTI was considering using cavities under the North Sea, which have been mined for oil and gas, for storage.

Friends of the Earth welcomed plans to boost wave energy but warned the proposals to bury huge amounts of carbon dioxide could distract the government from the need to cut total emissions of greenhouse gases.

Dr Dan Barlow, Friends of the Earth Scotland's head of research, said there was a huge potential to generate pollution-free energy from wave and tidal power.

He said: "It is right that government support comes now if wave power is ever to fulfil its true potential. However, it is vital that government doesn't get distracted from the real job at hand - that is the need to reduce total emissions.

"Technical fixes such as sequestration may have a role to play but they are likely to prove more expensive and less effective than simple measures to reduce emissions such as increasing energy efficiency and renewable sources of energy."

Stephen Timms, UK energy minister, said the government was committed to "ambitious targets". He added: "Renewable energy offers a fantastic commercial opportunity for Scotland.

"The government is committed to ambitious targets of 10% of electricity to be generated from renewables by 2010 and we want to double that by 2020.

"I've announced a (pounds) 50m package of measures to help encourage the development of wave and tidal energy sources. Scotland can play a leading part in developing this technology which could bring high quality jobs and investment."

 

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