Following the launch of the UK government’s Marine Energy Taskforce (MET) earlier this year, Global Underwater Hub (GUH) has partnered with the UK Marine Energy Council (MEC) to explore the vast potential of the marine energy market in an upcoming event in Aberdeen.
Taking place on Thursday, 2 October at the GUH office in Westhill, the Marine Energy 2025 event will shine a light on the latest advancements in wave and tidal energy. Marine energy is an area of great opportunity for the UK, with a recent policy paper from the Supergen ORE Hub and the Policy and Innovation Group at the University of Edinburgh concluding that the UK could add up to £50 billion to its economy and create more than 90,000 jobs by leading the global marine energy market.
The one-day Marine Energy 2025 event will be split into two distinct parts, with delegates during the first part gaining insight into new technologies, industry trends and an overview of the marine energy market opportunity.
The second part of the day will be focused on stakeholder engagement to allow the MET to gather views and opinions from delegates around four key areas supporting the development of the marine energy sector: site development, financing, innovation and supply chain growth.
The MET, a 12-month initiative launched by the Energy Minister, Michael Shanks MP, in June, includes the UK Marine Energy Council (MEC), The Crown Estate and Crown Estate Scotland, among others, and is tasked with investigating what actions are required to realise the UK’s marine energy potential in a manner that maintains high levels of UK content.
Neil Gordon, chief executive at Global Underwater Hub, said: “The potential of the UK’s marine energy sector is enormous, capable of generating more than £50 billion for the UK economy. With more than 30 GW of marine energy potential, the UK has the capacity to lead the world in developing, deploying and exporting wave and tidal technologies.
“GUH’s Marine Energy 2025 event, in partnership with the UK Marine Energy Council, will shine a spotlight on the challenges and opportunities ahead, bringing together
developers, the supply chain, investors and stakeholders to ensure the UK capitalises on its potential in this space.”
The event will be chaired by Sue Bartlett-Reid, chairperson of the UK Marine Energy Council and the Marine Energy Taskforce.
She said: “Marine Energy has the potential to support net zero ambitions, but more critically, support UK economic growth. This event will showcase some of the leading technologies and projects in wave and tidal stream energy and will also explore how our supply chains can be supported to deliver growth.
“The stakeholder engagement event will feed into the UK government’s Marine Energy Taskforce, with the aims of increased installed capacity, economic growth and continued high levels of UK supply chain content.”
The Marine Energy 2025 event will offer delegates the opportunity to learn about different wave and tidal technologies and discover more about the market potential in UK waters for marine energy, alongside contributing to shaping the work being undertaken by the MET.
Confirmed speakers for this event include Eileen Linklater, corporate affairs director at the European Marine Energy Centre, Fraser Johnson, director of operations and assets at Meygen, Ian Crossland, commercial director at Mocean Energy, Oliver Wragg, development director at Orbital Marine Power and Tom Hutchinson, director product and services at Proteus.
To find out more and register to attend Marine Energy 2025, click here.