A new report from the University of Edinburgh has revealed the significant economic potential of Scotland's marine energy sector, with the potential to contribute more than £8 billion to the Scottish economy by 2050 and support over 15,000 jobs.
"The energy contained in Scotland's seas is a vast and relatively untapped resource," said Maggie Olson-Jow, Policy Manager of Offshore and New Technologies at Scottish Renewables. "The University of Edinburgh's report highlighting the potential economic opportunity of wave and tidal energy should come as a shot in the arm to the marine energy sector and show investors the scale of the prize that is ready to be grasped."
The report underscores the importance of continued investment and support for the development of wave and tidal energy technologies in Scotland.
"Scottish Renewables will continue to work with both the Scottish and UK governments to build support and secure funding for these technologies which deserve to take their place in the UK's clean energy toolbox," added Olson-Jow.
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