Marine Energy Wales

Great to see Alistair Carmichael MP highlight the need to increase the tidal stream ringfence in this year's renewable auction, and for the Department for Energy Security and Net Zero to set a clear deployment target for this entirely predictable, renewable technology. https://lnkd.in/eiARAZXC

The latest figures from our 2024 State of the Sector Report, show the marine renewable energy sector supports 429 full-time employees in Wales, across a wide range of different roles 👷🏻♀️👷🏽♂️ Pembrokeshire tops the chart with 260 people employed within the sector, and both Swansea and Anglesey each boast a significant level of employment too. Our data also shows that on average, companies working within the Welsh marine energy sector employ 70% men and 30% women - a slight change on the 79% male 21% female split recorded last year, but as an industry we clearly have a way to go. For more statistics, and to read the report in full, follow this link 🔗: https://lnkd.in/gyrKPCgc

Our Members' Summits, held just a few times a year, are the perfect chance to network and engage with others in the industry, socialise and share ideas and stay updated on the latest sector developments 🌊🏴󠁧󠁢󠁷󠁬󠁳󠁿 Our latest Summit took place just last week in sunny Llandudno - a huge thanks to all who made it 🤝 To access future events like this and find out how MEW membership could help you or your organisation, please drop us a line. Blackfish Engineering Design Ltd Intertek Intertek Energy Foot Anstey LLP Marcus Oliver Gay Dan Williams Kee Evans

Fantastic to see our Floating Offshore Wind Project Manager Charlie Allen at the Kincardine Project 🏴󠁧󠁢󠁳󠁣󠁴󠁿 what an opportunity to see what the future of the Celtic Sea could look like in the hopefully not too distant future 👏

Have you read our 2024 State of the Sector Report yet? Thanks to data from our members, this year’s report features a map of the top spending counties in Wales. Historically, Anglesey and Pembrokeshire have been at the forefront of marine energy development in Wales, and this year’s figures show that hasn’t changed: ✅ Anglesey leads the way with £103.8 million investment to date ✅ Pembrokeshire is a close second with £97 million Our data also shows Swansea is emerging as a key hotspot for development within the sector, with £39.2 million spent to date. 🔗 Delve into more detail: https://lnkd.in/gyrKPCgc

🌊🌬️ Exciting news from the Celtic Sea! Celtic Sea Power (CSP) have developed a new wind resource model for the Celtic Sea which could potentially accelerate offshore wind development by up to two years! The model utilises wind and metocean datasets recently acquired from three of the first floating LiDAR systems (FLS) ever deployed offshore within the Celtic Sea. This includes data sourced from CSP’s own operations and a data sharing arrangement with a commercial partner. The mean wind speeds for the two offshore CSP FLS locations indicated the planned 4.932GW of FLOW deployment in the Celtic Sea by 2035 could produce enough electricity to meet the annual electricity needs of over eight million UK homes. This development also highlights the value of collaboration between developers for reciprocal benefit – without compromising commercial interests. A data-sharing arrangement has been established to enable collaboration between commercial developers with an interest in a robust data bank on the Celtic Sea wind resource.

Despite the retraction, 2023/24 remains Wales’ second highest spend year to date, Marine Energy Wales said. #marineenergy #renewables #renewableenergy

Did you know Wales' marine renewable energy sector delivered almost £30 million to the Welsh economy in the last financial year? 🌊 A big congratulations to Marine Energy Wales on their latest report! Let's continue to support and grow this vital industry #MarineEnergy

As always a fantastic industry update from our friends at Marine Energy Wales. Key takeaways: ◽ The tidal stream ringfence is driving both interest and investment into marine energy in Wales. ◽ The total cumulative spending and investment from marine renewable energy in Wales has reached over £290m. ◽ While last year's spend was less than 2022, we are seeing a transition from public to private sector investment into the sector. ◽ Wales' wave energy sector needs support to get to commercialisation. The report makes helpful recommendations on the need for R&D support, visibility on a route to market, and for government to collaborate with industry to realise Wales' marine energy potential.

Great to attend my first Marine Energy Wales Members Summit today, and great to catch up with some new and familiar faces from across the sector! Being relatively new to marine renewables, it is inspiring to meet and hear from industry colleagues that have helped turn the sector in to what it is today! Today Marine Energy Wales published the 2024 State of the Sector which demonstrates the huge economic opportunities presented by the sector which is well worth a read! Plenty of challenges to work on together as a sector, but lots of reasons to be feeling optimistic about the future of Marine Renewable Energy in Wales and the UK!