Thursday, 5 May 2011

UK could win almost a quarter of marine-energy market

Analysis released today by the Carbon Trust shows that the UK could capture slightly less than a quarter of the global marine-energy market.
Equivalent to up to £76bn of the UK economy by 2050, this sector could also generate more than 68,000 UK jobs if the technology is successfully developed and deployed internationally, and the UK builds on its existing lead.

The majority of these jobs would develop thanks to growing export markets in countries such as Chile, Korea and the US, as well as Atlantic-facing European states.

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