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🌊 NEW: 2024 UK Ocean Energy Review, download here https://lnkd.in/ePJP8-c7 📣 A YEAR OF MARKED PROGRESS FOR THE UK OCEAN ENERGY SECTOR 🤝 The Policy and Innovation Group at the University of Edinburgh, in collaboration with the Supergen Offshore Renewable Energy (ORE) Hub, Wave Energy Scotland and the UK Marine Energy Council, are pleased to announce the publication of the 2024 UK Ocean Energy Review. ✍ This year we are pleased to have included a foreword by Michael Shanks MP, Minister for Energy at the Department for Energy Security and Net Zero, who provides a strong endorsement of the sectors progress and acknowledges the growing role that ocean energy technologies can play in a future UK energy system. 🌍 We hope that this report is able to further underline the progress made by the wave and tidal stream sectors over the last year, by updating on the advances made by the UK's world-leading technology developers; its cutting-edge R&D projects; and its internationally renowned test centres. Professor Henry Jeffrey, Head of the Policy and Innovation Group, writes: "As our report outlines, 2024 has been a year of significant progress in the UK ocean energy sector. I'm delighted to see that the pipeline of tidal stream projects awarded through the CfD scheme has now expanded to over 120MW, which will ensure that sector makes a meaningful contribution to the UK's 2030 clean power targets. Similarly, the progress made by the wave energy sector should not be overlooked, with recent analysis showing the potential to create over 15,000 jobs across both these sectors in 2050, enabling UK ocean energy to punch far above its weight in terms of contributing to national Just Transition commitments. Of course, it must be remembered that for the sector to achieve these outcomes on the desired timescales, we will need to move away from a business-as-usual approach and ensure that serious policy support is delivered rapidly and in a sustained fashion" The report can be downloaded here: https://lnkd.in/ePJP8-c7 #OceanEnergy #WaveEnergy #TidalEnergy #EnergyPolicy #CleanPower2030 #Innovation #NetZero