Commercial marine opportunities in Tidal Energy
Rob Stevens, Chairman of Perpetuus Tidal Energy Centre, has revealed the range of opportunities available to the commercial marine and marine civils sector if the green light is given for a tidal energy project off the Isle of Wight, UK.
In the latest of the SeaworkConnect sessions Rob confirmed that most of the hurdles had now been cleared to allow the project to get underway and be producing electricity by 2025/6.
He shared the news that a similar project on Orkney was already producing a GVA of £306 million from an initial investment of £36 million, together with over 200 jobs for the Island.
To hear more on the progress of the Isle of Wight project and the exciting new business surrounding it watch again at 1300 on Thursday 7 October.