Managing Director of Marine Current Turbines (MCT), Martin Wright, gave evidence to the Energy and Climate Change committee yesterday, outlining difficulties emerging wave and tidal energy developers are facing.
As Chair of the Marine Energy Group of the REA (Renewable Energy Association) and with his work with leading tidal stream developers MCT, Mr Wright gave warnings to the committee that many emerging technologies will suffer in the current financial climate.
He also gave warnings regarding that the high costs of grid connection and unfair market mechanisms are all taking their toll on marine companies, which will damage the growth of this promising and much-needed technology.
As Chair of the Marine Energy Group of the REA (Renewable Energy Association) and with his work with leading tidal stream developers MCT, Mr Wright gave warnings to the committee that many emerging technologies will suffer in the current financial climate.
He also gave warnings regarding that the high costs of grid connection and unfair market mechanisms are all taking their toll on marine companies, which will damage the growth of this promising and much-needed technology.
Please find more details of the pioneering work MCT here
