Reflecting the UK Government’s commitment to developing low-carbon energy, Ministers have reaffirmed their support for Wave Hub and to ensuring the UK secures maximum benefit from the facility in the future, Wave Hub said.
Wave Hub is wholly-owned by the Department for Business, Innovation & Skills (BIS) and exists to accelerate and support the development of offshore renewable energy technology.
BIS Minister Matthew Hancock , who visited Wave Hub earlier this year, said: “The UK is a global leader in wave technology and I look forward to Wave Hub leading the charge from Cornwall.”
Claire Gibson, Managing Director of Wave Hub Ltd , said: “This is a vote of confidence in Wave Hub and the critical role we play supporting the wave energy sector. We are working with Government and relevant organisations, such as the Offshore Renewable Energy Catapult, to deliver the Government’s long term aims and consider what wider services could add further value to the existing benefits of Wave Hub.”
Wave Hub stressed that it continues to act as a catalyst for the development of the offshore marine energy industry in the region. Two wave devices have been successfully built and deployed in Cornwall and two of the Wave Hub customers have established offices in Falmouth and Pool.
The Hayle Marine Renewables Business Park is also on track for completion this summer.
Image: Wave Hub