The Policy and Innovation Group at the University of Edinburgh, in collaboration with the Supergen ORE Hub, Wave Energy Scotland and the Marine Energy Council, have published the 2024 UK Ocean Energy Review.
The report outlines how 2024 has been a year of marked progress for the ocean energy sector, with its potential role in our future decarbonised energy system being ever more clearly understood. The combination of various targeted policy measures, from the expanded tidal stream CfD ringfence fund to sustained innovation support for the wave energy sector, has underlined the potential of these technologies to meaningfully contribute to the 2030 clean power ambitions, and beyond.
The report further reinforces sector progress over the last year, by updating on the advances made by the UK's world-leading technology developers; its cutting-edge R&D projects; and its internationally renowned test centres.
Read the full report here.