That budget will be used to fund the Marine Energy Array Demonstrator (MEAD) Scheme. The MEAD will support up to 2 pre-commercial projects to demonstrate the operation of wave and/or tidal devices in array formation for an extended period of time. By supporting the sector as it moves from single device prototypes to first arrays of full-scale devices, the MEAD will build confidence in the technology as a viable option to produce bulk electricity and in its potential contribution to the long-term deployment of renewable energy.
Earlier this year MPs said that funding support for the first arrays would be critical to the UK capturing the huge potential of wave and tidal energy, so it’s good news that this long-awaited competition has been launched. Wave Hub is specifically designed for wave array testing and is uniquely placed to attract this sort of activity. We are now talking to device developers about how this fund could assist their planned deployments at Wave Hub.
Award of MEAD funds will be subject to prior State Aid approval. DECC is currently applying for State Aid clearance for the scheme and will seek clearance to cumulate the grant funding with the relevant Government’s revenue support.
To encourage technology acceleration in marine energy this call will focus on those projects that meet the following eligibility criteria: