25th April 2014
A new roadmap developed by the UK Energy Research Centre (UKERC) and the Energy Technologies Institute (ETI) has identified the research and development areas that need to be addressed to make marine energy cost competitive with other energy technologies.
Marine energy resources, consisting of wave and tidal stream energy, are abundant in UK waters. Although marine technology must secure cost reductions in order to facilitate large scale deployment, there is great potential for these resources to make significant contributions to the UK energy mix.
The Marine Energy Technology Roadmap recommends that the marine energy sector should target levelised cost reductions from 20-50p/kWh today to 10-20p/kWh by 2020 and 5-8p/kWh by 2050 in order to encourage continued deployment, and identifies the steps required to deliver these ambitions.
View the Marine Roadmap here.