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More Government Funding For Renewable Energy |
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Monday, 12 April 2010 09:25 |
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Government ministers have confirmed a further £5 million of investment towards the research and creation of the world's largest test site for marine energy devices, just 10 miles from the coast of Cornwall.
Underwater electrical cabling will come ashore and connect to the grid in Hayle, via a new sub-station being built next to the proposed site of a new marine energy business park - the South West's Regional Development Agency's £42 million 'Wave Hub' project.
This news comes hot on the heels of reports that Siemens, one of Europe's largest engineering conglomerates, is to build a wind turbine plant in the north east of England, creating not only hundreds of new jobs, but also ultimately more renewable power to the grid. This plant was only given the go-ahead once Siemens were happy with the incentives provided by the government - highlighting that this is still as high on the agenda now as it has been for the last few years.
As the UK looks to push its dependence on fossil fuels further towards renewable energy, this all looks to solidify the commitment to meet the self imposed target of 15% renewable energy in the UK by 2020.
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