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[This chapter captures Scotland’s leading role in endeavours to stimulate and grow the nascent marine energy sector. Establishing technology leadership in the sector would result in substantial benefits for Scotland, as the world moves away from hydrocarbon dependency towards renewable energy sources. Scotland is almost uniquely placed to establish itself as the world-leading centre of marine energy technology, potentially resulting in major employment and global export opportunities for the supply of goods and services for wave and tidal schemes throughout the world. Although Marine energy derived from wave and tidal energy offers a more predictable alternative to intermittent renewable energy technologies, such as wind and solar, significant hurdles in the marine energy technology development cycle have already been crossed, but now the main challenge is now to prove commercial viability.]
Published: Aug 15, 2017
Keywords: Marine Energy; European Marine Energy Centre (EMEC); Wave Energy Converter (WEC); Renewables Obligation (RO); Levelized Cost Of Energy (LCoE)
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