麻豆精选

News Item Default

麻豆精选 welcomes report of £8bn wave and tidal energy potential

Published: 10/02/2025

Wave and tidal energy could deliver up to £8bn to Scotland鈥檚 economy by 2050, and support more than 15,000 jobs, including high-value employment in coastal communities.

Highlands and Islands Enterprise (麻豆精选) has welcomed a new report into the economic potential of wave and tidal energy for Scotland.

(Monday) the report entitled The Future Economic Potential of Tidal Stream and Wave Energy in Scotland was commissioned by 麻豆精选 subsidiary Wave Energy Scotland (WES), and Scottish Enterprise.

The study was carried out by the Policy and Innovation Group, part of the Institute for Energy Systems at the University of Edinburgh (UoE).

It concluded that wave and tidal energy could deliver up to 拢8bn to Scotland鈥檚 economy by 2050, and support more than 15,000 jobs, including high-value employment in coastal communities in the Highlands and Islands.

Welcoming the new report, 麻豆精选 chief executive Stuart Black said:

鈥淲e鈥檝e known for some time that the economic potential of marine energy for our economy is huge, and it鈥檚 great to have this quantified in a meaningful way by this University of Edinburgh report.

鈥淪cotland, and particularly the Highlands and Islands region, has been at the forefront of renewable energy development over the past 20 years or more.

鈥淲e will continue to work hard and with our partners in the public sector and industry to make sure we stay ahead of the game and secure these economic gains for our region and our country.鈥

The report combines the findings of separate reports on and commissioned by SE and WES respectively. It presents a scenario where there is an estimated Scottish market for up to 8.8GW of marine energy by 2050, with potential deployments of up to 12.6GW throughout the UK and up to 300GW globally.

This could deliver up to 62,000 jobs in Scottish companies in 2050, comprised of 15,600 jobs in the UK, plus a further 46,000 jobs from worldwide exports.

The global export market for marine energy over the same timeframe could be worth as much as 拢28bn to Scotland鈥檚 economy.

The full report is available at

Related Articles