Marine Energy Wales Marine Energy Wales brings together technology developers, the supply chain, academia and the public sector to establish Wales as a global leader in sustainable marine energy generation. With €100.4 million of EU structural funding prioritised for marine energy in Wales over the next five years, two wave and tidal stream Demonstration Zones, seabed agreements in place for three wave and tidal stream projects, and a number of proposals for significant tidal range projects, Wales is well positioned to play a leading role in marine energy. Over the past six years, working group membership has expanded from eight original members to present levels of 80, which include tier 1 Welsh supply chain companies and all relevant UK organisations. There are 23 technology and project developers engaged including world leading companies from Sweden, Australia, Singapore, Scotland, Canada and America. MARINE ENERGY WALES Annual Conference 2017 The Marine Energy Wales Annual Conference attracted record numbers in 2017 showcasing the progress being made in Wales as well as outlining future plans and opportunities with a focus on supply chain, clusters and innovation.
The £1.3 billion Swansea Bay Tidal Lagoon is the largest marine energy development in the world. The first of its kind, it is creating a global, green energy opportunity, and has the potential to put Wales on the map as a world leader in tidal energy. It is estimated that it could provide a Swansea Bay Tidal Lagoon
renewable form of energy to 155,000 homes in Wales for the next 120 years and could form the basis of a scalable blueprint for up to six further tidal lagoons to be built around the coast of Britain generating large-scale renewable energy at a relatively low cost.
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