UK opens up more seabed to match renewable energy demand

The Crown Estate, manager of the UK seabed, has agreed 11 new leasing deals to further open up the countrys waters to match the increasing demand from the renewable energy market.

The agreements include six new wave and tidal current demonstration zones, which for the first time will enable locally-based organisations to manage and sub-let parts of the seabed to a range of wave and tidal stream developers.

In addition, five new wave and tidal current sites will be created, each with the potential to deliver a project of between 10 and 30 MW.

Rob Hastings, Director of Energy and Infrastructure at The Crown Estate said: By providing these additional seabed rights we are pleased to be enabling further technology development and commercialisation, which will be critical if the UK is to unlock its significant natural resources for wave and tidal current energy.

This innovative approach to leasing the seabed sees us responding to market demand and introducing managed demonstration zones to give other organisations the opportunity to lend tangible support in their local areas.

Energy Minister Greg Barker added: Todays announcement is a great step for the development of wave and tidal stream industries. Wave and tidal stream are growing green, clean energy sources which have the potential to sustain thousands of jobs in a sector worth, from exports alone, a possible 4bn per annum by 2050.

The UK is already a world leader in wave and tidal stream energy. The Coalition Government has huge ambitions for this sector. Todays news will help the UK ensure these sectors reach their full potential in our countrys future energy mix

Posted 09/07/2014 10:02 by Claire

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