19. Catalyzing Growth: An Overview of the United Kingdom's Burgeoning Marine Energy Industry

  1. Prof. Detlef Stolten2,3 and
  2. Prof. Dr.-Ing. Viktor Scherer4
  1. David Krohn

Published Online: 21 JUN 2013

DOI: 10.1002/9783527673872.ch19

Transition to Renewable Energy Systems

Transition to Renewable Energy Systems

How to Cite

Krohn, D. (2013) Catalyzing Growth: An Overview of the United Kingdom's Burgeoning Marine Energy Industry, in Transition to Renewable Energy Systems (eds D. Stolten and V. Scherer), Wiley-VCH Verlag GmbH & Co. KGaA, Weinheim, Germany. doi: 10.1002/9783527673872.ch19

Editor Information

  1. 2

    Forschungszentrum Jülich GmbH, IEF-3: Fuel Cells, Leo-Brandt-Straße, IEF-3: Fuel Cells, 52425 Jülich, Germany

  2. 3

    Forschungszentrum Jülich GmbH, IEK-3 Institut für En. & Klimaforschung, Wilhelm-Johnen-Str., 52428 Jülich, Germany

  3. 4

    Ruhr-Universität Bochum LS f. Energieanlagen, IB 3/126 Universitätsstr. 150 LS f. Energieanlagen, IB 3/126 44780 Bochum Germany

Author Information

  1. RenewableUK, Greencoat House, Francis Street, London SW1P 1DH, UK

Publication History

  1. Published Online: 21 JUN 2013
  2. Published Print: 28 MAY 2013

ISBN Information

Print ISBN: 9783527332397

Online ISBN: 9783527673872



  • marine energy;
  • tidal devices;
  • wave devices;
  • arrays;
  • case studies


The tidal stream energy industry is at a critical phase in terms of moving from initial prototypes to the first demonstration projects. Although significant technical and commercial challenges remain, there is a huge amount of optimism about what can be reasonably achieved on a respectable timescale in making marine energy a credible and cost-effective technology. The industry manufacturers have started to consolidate as the large industrials take strategic positions, which is a key element in developing confidence for developers and financers who will be looking for appropriate warranties. The Renewable Obligation has provided a sound framework for the development of the technology to date on the strength of increasing subsidy levels, but the long-term signals are still missing that are required for manufacturers to continue to invest the large amounts of R&D that are required to get the industry to where it needs to be. Cost remains a problem for the industry, but the leading developers are aggressively reducing costs by targeting areas that will have the greatest impact. However, margins remain tight and the industry is largely dependent on government support for the installation of the first arrays. Put simply, marine energy has huge potential but will need a mixture of capital and long-term revenue support to allow it to become cost convergent with more mature renewable technologies.