£4.5 million of funding is to be spent on boosting Anglesey’s marine and tidal energy sector.
The Welsh Government says the grant will support the work of the Morlais tidal demonstration zone off the west coast. Most of the money – £4.2 million – will come from EU funds.
The Menter Môn project is aimed at developing and commercialising multiple tidal stream technologies in one of the island’s Enterprise Zone areas. Work will now be carried out on preparing and designing the £5.6 million scheme along with modelling and environmental surveys.
Economy Secretary Ken Skates, who announced the funding in Cardiff on Monday, said: ”The energy generated from wave and tidal flows can play a major role in delivering our ambitions for a Welsh low carbon economy as well as creating sustainable jobs and growth…over the next 5 to 10 years we have a real window of opportunity to develop and grow Wales’ marine energy industry. This funding will provide yet another push to drive our ambitions forward.”
”Once up and running, the fully consented area of seabed will be able to support at least 20MW of grid connection capacity, but with potential for 193.5MW, to enable developers to deploy and test multiple tidal energy technologies.”
Gerallt Llewellyn Jones from Menter Mon added: ”This is very good news. Menter Môn has worked hard to achieve this important milestone for Anglesey and North Wales. It is critical that we position ourselves at the centre of global developments in marine renewable energy, a known growth sector with substantial employment potential.”