Marine energy ready for mass deployment by 2020 – Carbon Trust 

Marine energy will be ready for mass scale deployment and an important new commercial UK industry by 2020 says the Carbon Trust, as it announces the six most promising technologies that will today receive new funding to speed up the deployment of full scale prototypes of their leading designs.Marine energy is currently ten years behind offshore wind energy in its development, but according to the Carbon Trust costs can be dramatically reduced over the next ten years, which could see up to a thousand devices operating in the water by 2020. Today the Carbon Trust announced the six most promising technologies that will be supported with £22m of new funding.  Designed and managed by the Carbon Trust, the Marine Renewable Proving Fund (MRPF) uses new funding from the Department of Energy and Climate Change (DECC). The MRPF marks a new level of commitment to developing wave and tidal technologies by helping the UK’s most promising technologies to progress towards early stage deployment and accelerating the first commercial projects in UK waters.Following a rigorous assessment process, the Carbon Trust has selected Atlantis Resources, Aquamarine Power, Hammerfest Strom UK, Marine Current Turbines, Pelamis Wave Power and Voith Hydro to receive support.  Set ...