State of the sector 2021 report – Marine Energy Wales

Marine Energy Wales

Wales is working hard to gain the early mover advantage to position itself as a global leader for the marine energy sector. Marine Energy Wales brings together technology developers, supply chain, academia and the public sector. Recently Marine Energy Wales published their state of the sector report edition 2021. Furthermore, Marine Energy Wales works to create a supportive policy environment to ensure that Wales remains one of the hotspots for emerging technologies such as tidal energy. Based upon their latest insights they are successful; the investment in the sector increased.

Investment in the marine energy sector has increased for the fifth year in a row

The 2021 State of the Sector report – published July 20th – details the recent developments in the industry, and looks forward to what the future has to offer. The key message of this report is: investment in the marine energy sector has increased for the fifth year in a row. Twenty emerging developers are progressing projects in Wales. In addition, four test and demonstration sites are under development. You can download the full report here: State of the Sector 2021

The importance of Welsh developments for Tocardo

In view of the region’s scale and ambitions, we closely monitor these developments. Not least because our JV partners have ambitions to install capacity on the Morlais tidal site. Wales has benefitted from our ambitions already with QED Naval establishing itself here and from recent orders and, as QED sets about acquiring site options for the future.

Jeremy Smith & Keith Murray

QED is now showcasing its community scale Subhub platform equiped with our robust and proven Tocardo T-1 tidal turbines. Furthermore, QED is building its next generation 1 MW industrial scale platform.