(PRWeb UK) February 9, 2012
Institute for Strategic Technology today announced that the bidding consortia across the UK from Carbon Amanah, the National Center for renewable energy (Narec) and Ocean Energy Innovations has been selected to play an important role in the establishment of renewable energy attack of Foreign coast.
center will establish a prime location in Glasgow, in addition to several organizations that have complementary interests of International Technology and renewable energy zones (ITREZ) with operation centers in North East England (Northumberland) is close to Narec. He will receive? 10m a year over five years (50 million) from the Institute for Technology Strategy
new attack will focus on the technology used for offshore wind, tidal and wave power. He will also build strong relationships with centers of excellence, such as the European Marine Energy Centre, Hab Wave, and the energy park recently announced marine in South West England.
attacked the center will bring knowledge, expertise and state of the art facilities to help UK business innovation and finding new ways to control and use the power of offshore renewable energy sources. UK businesses involved with the center will be able to reduce the risks associated with creating profitable products and services. The center is expected to focus on areas such as:
?? Realizing a sustainable supply chain for the offshore wind sector is more established in the UK;
?? Develop capabilities in marine power (wave and tidal) which will help UK businesses to bring new products to market and export of new technologies.
the relevant global market for wind, tides and waves is estimated to exceed 64 billion by 2050. UK is in a strong position to take a significant part of this global market. Greatest opportunity to help the UK to get 12% of the offshore wind industry is established, the largest of the three. Opportunities for the UK stock market in both tidal and wave will be 15%.
Iain Gray, Chief Executive of the Technology Strategy Institute said:
UK’s reputation and expertise in offshore engineering, gained through many years of commercial activity of North Sea oil, making the UK a good basis for innovations related to the emerging offshore sector of renewable energy.
generation and supply of renewable energy is now a major component of global energy and economic fundamentals. UK businesses have the opportunity to become an important part in this global industry.
Business Secretary, Vince Cable said:
offshore renewable sector we are able to compete on a global scale and has great potential for growth. If we could harness that we will generate billions of pounds to the economy while creating thousands of jobs at the same time.
is important we invest in renewable energy now to gain the maximum benefit in the future. In realizing this center, we’re taking the next step to make the UK into a low carbon economy.
Speaking on behalf of the consortium, Andrew Mill, CEO NAREC said: