UK Secretary of State voices support for marine energy

January 21, 2019

During the House of Common’s sitting on Thursday, Secretary of State for Business, Energy and Industrial Strategy Greg Clark spoke of the opportunity for marine energy in North Wales and expressed support from the UK Government for the development of the marine energy sector.

When asked by Albert Owen, Member of Parliament for Ynys Môn (Anglesey) about supporting mechanisms from the UK Government for large energy projects, the Secretary of State said that the UK Government “want to continue to invest in innovation” and that “we will work with (marine technologies), as we did with the offshore wind sector, to bring costs down so that they can win at auction alongside other technologies.”

The auctions that State of Secretary Greg Clark is referring to is the UK’s current revenue support system, Contracts for Difference, for new energy-generating technologies.