Tidal Power and Wave Power: Exports
(asked on 11th February 2019) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent assessment he has made of the extent of the potential export market for the UK's wave and tidal stream energy technologies.
Wave and tidal stream technologies are still at a pre-commercial stage of development. A report published by the Offshore Renewable Energy Catapult in 2018[1] estimated that, if the technologies can reduce their costs sufficiently to compete with other forms of generation, the by 2050 the global market for tidal stream energy could be up to 101GW installed capacity and for wave energy, 236GW.