|Policy Type:||Research, Development and Deployment (RD&D)>Research programme >Technology deployment and diffusion, Research, Development and Deployment (RD&D)>Demonstration project|
|Policy Target:||Energy Sector>Electricity Generation>Renewable>Ocean|
|Agency:||Department of Energy and Climate Change (DECC)|
|Funding:||GPB Pounds 50 million|
To fund the research and deployment of large-scale wave and tidal power generation, the UK government has in place a GBP 50m Marine Renewables Deployment Fund (MRDF) that will support the continued development of wave and tidal stream technologies.
The MRDF provides a package of measures central to which is a GBP 42m "Wave and Tidal Stream Energy Demonstration Scheme". This provides capital grants and revenue support to multi-device early stage commercial generation facilities using technologies that have completed their R&D and are ready to move into a commercial environment.
The MRDF also provides GBP 8m to support Infrastructure Projects and Environmental Research. The performance of devices supported by the scheme are monitored; the Department of Trade and Industry having published two protocols, one for wave and one for tidal current, for measuring the energy input and output of devices.
Last modified: Fri, 12 Dec 2014 17:08:53 CET