offshoreWIND.biz
  • Fixed-Bottom
  • Floating Wind
  • Supply Chain
  • News
  • About
  • Contact
JobsNewsletter
offshoreWIND.biz logo
Topics
  • Fixed-Bottom
  • Floating Wind
  • Supply Chain
  • Power-to-X
  • Grid Connection
Network
  • Dredging Today
  • NavalToday
  • Offshore Energy
  • Offshore Wind
  • Maritieme Vacaturebank
Company
  • Advertising
  • Newsletter
  • Jobs
  • Privacy
  • Report your news

© 2026 Navingo. All rights reserved.

Home›Authorities›Orkney MSP Urges Government to Take Better Care of Wave Energy Sector
Authorities

February 4, 2015 · about 11 years ago

Orkney MSP Urges Government to Take Better Care of Wave Energy Sector

Orkney MSP Liam McArthur has called on the Scottish Government to help provide clarity over future funding arrangements for the wave energy sector. During General Questions in parliament at the end of January, Mr McArthur asked Finance Secretary John Swinney for an update on progress with establishi

2 minutes read
  • LinkedIn
  • X
  • Email

Orkney MSP Liam McArthur has called on the Scottish Government to help provide clarity over future funding arrangements for the wave energy sector.

During General Questions in parliament at the end of January, Mr McArthur asked Finance Secretary John Swinney for an update on progress with establishing the objectives and budget for Wave Energy Scotland. He also sought an undertaking from Mr Swinney to investigate why payments due to wave energy developer, Aquamarine Power had not been made and urged him to ensure a decision was taken on this as early as possible.

Commenting afterwards, Mr McArthur said: “ With Pelamis going into administration and Aquamarine Power scaling back its operations, there is little doubt that the wave energy sector in Scotland has suffered two serious hammer blows in recent months.

“We should not lose sight of the fact, however, that advances have been made. Aquamarine, for example, has successfully achieved a number of important milestones in the development of its Oyster device. Support from the Marine Renewables Commercialisation Fund has been important in enabling some of these successes to happen.

“Unfortunately, there is currently no clarity from the Carbon Trust, which runs the MRCF, over whether agreed funding is going to be released for works already completed. This is a situation that presents serious challenges for the company.

“John Swinney has committed to investigate this case and I welcome that constructive response. Hopefully, this intervention can help provide the clarity that staff at Aquamarine Power so urgently need in these very difficult times.”

Image: liammcarthurmsp

Reach the offshoreWIND.biz industry in one go!

offshoreWIND.biz is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow offshoreWIND.biz on:

Filed under

AuthoritiesBusiness & Finance

Daily offshore wind news in your mailbox

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1Cadeler Adds Wind Ace to Fleet, First Stop East Anglia Two
  2. 2Turbine Installation at Thor Offshore Wind Farm Reaches Halfway Point
  3. 3South Korean Cable Maker Takes Delivery of Its Second Cable Laying Vessel
  4. 4Aker Solutions Joins Bellrock Floating Offshore Wind Farm Team

Related articles

Dutch Cable Services Firm Moves Closer to Baltic Clients with Hub in Sweden
Business & Finance

Dutch Cable Services Firm Moves Closer to Baltic Clients with Hub in Sweden

21 days ago

Floating Wind Test Site Offshore Spain Gets Regulatory Nod
Authorities

Floating Wind Test Site Offshore Spain Gets Regulatory Nod

26 days ago

Daily offshore wind news in your mailbox

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free

Related news

Dutch Cable Services Firm Moves Closer to Baltic Clients with Hub in Sweden
Business & Finance

Dutch Cable Services Firm Moves Closer to Baltic Clients with Hub in Sweden

21 days ago
Floating Wind Test Site Offshore Spain Gets Regulatory Nod
Authorities

Floating Wind Test Site Offshore Spain Gets Regulatory Nod

26 days ago