Welsh Government has announced a further £1.2 million in funding to accelerate marine energy development in Wales. The investment is to develop a Marine Energy Test Area (META) project in the Milford Haven Waterway.
The funding will support the work of Marine Energy Wales in developing a network of pre-consented areas of seabed that will support research, component testing, innovation, deployment techniques and scaled device deployment.
The £1.9 million META project is set to contribute towards Wales’ plans to play a key role in a growing global market and will add to the UK’s current world leading network of test sites.
Marine Energy Wales is an initiative developed and managed by Pembrokeshire Coastal Forum, a Community Interest Company that works to protect and enhance the coastal and marine environment for current and future generations. The company is delighted to receive this funding as it marks yet another important step forward for the industry.
David Jones, Project Director of Marine Energy Wales and CEO of Pembrokeshire Coastal Forum said, “After discussing the META concept with industry over the last three years we are pleased to secure the finances and support to now move towards delivery. Marine energy has already had a positive impact upon our peripheral economies in Wales, supported local supply chain clustering and diversification, and we see META contributing to the continued cost reduction being delivered by the sector at the moment.”
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