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17 Mar 2010: Scotland Approves Ten Marine
Energy Projects in Bid to “Rule the Waves”

Scotland has approved ten marine energy projects that leaders predict could provide electricity for one-third of the nation’s homes by 2020 and make Scotland the world leader in wave energy. The government awarded leases to companies to construct six wave energy projects and four tidal projects
Pelamis
Pelamis Wave Power Ltd.
A Pelamis wave energy project
off the Scottish coast in what experts say would be the first developments of their kind on a large commercial scale. Construction would cost £4 billion ($6.1 billion) and require another £1 billion ($1.53 billion) in government funding to upgrade the national electric grid. But First Minister Alex Salmond said tapping into the resources of Pentland Firth, a strait north of Scotland that is known for its strong tides, can make the country the “powerhouse of Europe.” If successful, experts predict, the projects could power 750,000 of Scotland’s 2.3 million homes and generate four times as much electricity as a former Scottish nuclear power station in Caithness. “Leading international energy companies and innovators continue to be drawn to Scottish waters, which boast as much as a quarter of Europe’s tidal and offshore wind resource and a tenth of the continent’s potential wave capacity,” Salmond said.

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