Mocean Energy snaps up £3.2m in EU funding for Orkney wave machine

Cecilia Keating
clock • 3 min read
Mocean's Blue X wave energy machine | Credit: Mocean Energy
Image:

Mocean's Blue X wave energy machine | Credit: Mocean Energy

Wave energy device aims to pave way for wave farm capable of delivering 1.2MW of low-carbon electricity by 2030

Marine energy specialist Mocean has announced it has secured more than £3m in EU funding to develop and deploy a 250kW wave machine in Orkney, which aims to act as a fore-runner for a commercial scale...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Cecilia Keating
Author spotlight

Cecilia Keating

View profile
More from Cecilia Keating

Why the Women in Green Business Awards is more important than ever

'Simplicity is key': Behind the scenes at UK direct air capture start-up Mission Zero Technologies

More on Energy

How mine water could warm up the UK's forgotten coal towns
Energy

How mine water could warm up the UK's forgotten coal towns

Funding gaps, regulatory red tape and a shortage of skilled workers are stalling the UK's mine-water heating projects, according to the University of Manchester's Jingyi Li, Alejandro Gallego Schmid and Cathy Hollis

Jingyi Li, Alejandro Gallego Schmid and Cathy Hollis, University of Manchester
clock 16 April 2025 • 5 min read
NESO: Britain's electricity demand could fall below Covid lockdown levels this summer
Energy

NESO: Britain's electricity demand could fall below Covid lockdown levels this summer

National Energy System Operator says efforts to boost grid flexibility mean it is well placed to manage record low electricity demand and potentially deliver periods of fossil-free generation

James Murray
James Murray
clock 16 April 2025 • 5 min read
Are global emissions about to enter 'structural decline' for the first time?
Energy

Are global emissions about to enter 'structural decline' for the first time?

Latest BloombergNEF outlook predicts that under a base case scenario renewables generation is set to jump by a massive 84 per cent by 2030

James Murray
James Murray
clock 15 April 2025 • 9 min read