MPs called for the government to have a more “visionary approach” to develop wave and tidal technology powers in a report released by Energy and Climate Change select committee this week.
With the UK having the largest wave and tidal resources in Europe, which could generate up to 20% of the country’s electricity needs, MPs are calling for a “visionary approach” for the UK to remain at the forefront of the technology’s development.
The report said the UK is already a world leader in wave and tidal technology, with seven of the eight full-scale prototypes installed across the world in the UK.
But the report warns that an “overly cautious” approach to developing this sector could lead other countries to steal the UK’s lead.
“In the eighties the UK squandered the lead it had in wind power development and now Denmark has a large share of the worldwide market in turbine manufacturing,” said Energy and Climate Change select committee chairman Tim Yeo.