Great potential in marine power

Marine energy could be the next growth area in environmental technology and employment but the U.K. must not ‘squander its lead’ in technology development, as it is perceived to have done in the wind power industry. This was one of the conclusions of a recent report by the Energy and Climate Committee. The Carbon Trust estimated that marine power could create 10,000 jobs by 2020, according to a review of the report on the BBC News website. The Carbon Trust also estimated the value of the global market as £340bn in 2050, with the UK claiming about one-fifth of the business. Tim Yeo MP, the committee's chairman, said, “It should be a priority for the government to ensure that the UK remains at the cutting edge of developments in this technology.” For more details on the readiness of the U.K. to benefit from such technology potential, read the full article on the BBC website.http://www.bbc.co.uk/news/science-environment-17078726