UK potential

UK marine energy potential

  • Access a market forecast to be worth £76bn by 2050.

  • Create 22,000 jobs in the UK by 2040.

  • 1GW of marine energy will provide £114m of system benefit and 113kton of carbon emissions savings per annum.

Tidal stream

  • An entirely predictable renewable source of power.

  • Potential to provide 11% of the UK’s current electricity demand and reduce natural gas capacity required by about 40%.

  • Cheaper than new nuclear at 1GW of deployment and less than £80MWh at 2GW.

Wave energy

  • Provides a consistent source of energy and a complementary production profile with solar and wind.

  • Potential to provide over 20% of the UK’s current electricity demand.

  • Cheaper than new nuclear at 1GW of deployment.