South Wales Gets Green Light for £60m Pembrokeshire Dock Marine Energy Project
In south Wales's Pembrokeshire region, a £60 million marine energy project that will help tackle climate change while reviving the local economy in the wake of Covid-19 has been given the green light.
The UK Government and Welsh Government have now approved the business case for the Pembroke Dock Marine project, which is expected to generate £73.5 million a year to the Swansea Bay City Regions economy.
Pembroke Dock Marine is led by the private sector, with support from Pembrokeshire County Council. The project is expected to generate more than 1,800 jobs in the next 15 years.
The project is made up of four elements:
The Marine Energy Test Area within the Milford Haven Waterway led by Marine Energy Wales, enabling technology developers to test their marine energy devices close to their base of operationThe largest facility of its kind in the world, a 90 square kilometre Pembrokeshire Demonstration Zone delivered by Wave Hub Limited that will enable the deployment of future energy generating technologies, including floating windMarine Energy Engineering Centre of Excellence - a technology, innovation and research centre delivered ....