November 29, 2011

Ministers seek EU ocean energy support

On the occasion of the 24 November Energy Council meeting, a joint formal announcement by the newly created Member States Ocean energy Interest Group - comprising Governments of Ireland (Minister Pat Rabbitte), the UK, Spain, Portugal, France, Denmark and Norway - called on the EU to give its full backing to the development of the massive ocean energy resources that exist in these countries' waters.

The accompanying Member State Position Paper, 'Towards European industrial leadership in Ocean Energy in 2020', urges the Commission to fully recognise the potential contribution from Ocean Energy to meeting the EU's climate change and energy security objectives (reckoned to be up to 15 per cent of EU energy demand) and to come forward with the necessary financial support for the sector's growth. Governments are particularly targeting the EU Strategic Energy Technology (SET) Plan to accelerate the development and deployment of cost-effective low carbon technologies.

Member State Position Paper on Ocean Energy: http://www.decc.gov.uk/assets/decc/11/meeting-energy-demand/wave-tidal/3610-position-paper-towards-euro-ind-leader.pdf

Posted by iroronan at November 29, 2011 11:49 AM

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