The Scottish Government has launched a £10 million fund to support commercial deployment of tidal energy generation in Scottish waters through driving innovation and reduction in the cost of electricity generated.   Responding to the announcement, Andrew Scott, CEO of Orbital Marine said:

“The tidal industry is at an exciting point; nowhere else in the world are thousands of homes being powered from predictable, renewable tidal stream energy other than Scotland. This achievement has been the result of a lot of hard work and commitment over the years from both Scottish Government and the industry. 

As a Scottish technology developer who has contributed to this progress we applaud the Scottish Government for recognising the unique challenges that we now must overcome to commercialise technologies and grow an industry that can deliver further success domestically and globally.”

Scottish Government Press Release