Climate Change Minister Greg Barker announced in Bristol today that the South West is to be the location of U.K.'s first Marine Energy Park, and will encompass an area stretching between Bristol and Cornwall, and as far out as the Isles of Scilly. The announcement marks a big step forward in the U.K.'s pledge to become world leaders in marine energy, and to tap its huge potential which, at around 27GW, is equivalent to 8 coal-fired power stations. On making the announcement, Barker said that "the south west can build on its existing unique mix of renewable energy resource and home-grown academic, technical and industrial expertise" and will support "thousands of jobs in a sector worth a possible £15bn to the economy to 2050". The initiative is partnered by the Universities of Exeter and Plymouth, as well as Local Enterprise Partners and Cornwall's Wave Hub.
Full article on DECC website.
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