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Archive for September, 2012

Scottish renewable energy industry bucks the economic downturn

Thursday, September 20th, 2012

There was a time in the newspapers when it seemed a week didn’t go by without another announcement of a major retailer going into administration or a company issuing profit warnings. Many traditional industries and businesses have not survived the economic downturn but the renewables sector has managed to successfully buck the trend.

Scottish Renewables recently published figures which show Scotland’s renewable electricity industry has delivered capital investment of some £2.8bn since the beginning of 2009. This has helped to grow the supply chain, secure the future of many companies and support more than 11,000 jobs. (more…)

The Saltire Prize – a challenge worth winning

Monday, September 3rd, 2012

Neil Kermode, Managing Director of EMEC and Deputy Chair of the Saltire Prize Challenge Committee, explains why the Saltire Prize is so significant for the marine renewable energy industry.

The launch of the official Saltire Prize challenge period by the Deputy First Minister Nicola Sturgeon shows yet again the welcome determination by Scotland to make marine renewables a daily reality.

The Saltire Prize challenge is a serious competition. It seeks to force the pace of the development of wave and tidal energy by offering a substantial prize of £10m to the first team to generate 100GWh of electricity from Scottish waters over two years. And 100GWh is a big ask at the moment. That requires a 30MW farm of wave or tidal devices to be installed and run continuously for the two years. (more…)