Cheap energy to come from marine - 07/07/2009
People looking to switch energy suppliers in south-west England could find cheap energy being supplied from environmentally-friendly marine technology in future.
The Peninsula Research Institute for Marine Renewable Energy (PRIMaRE), which has been developing marine energy technology over the past two years, has been given more funding to help improve its research and deliver a viable source of green energy.
According to Energy Efficiency News, the organisation is to receive £10.3 million in funding from the European Regional Development Fund, the South West Regional Development Agency, the University of Plymouth and the University of Exeter.
It is hoped the funding could be used to develop a source of cheap energy that could be delivered to locals in a move that would help them reduce their energy bills and their carbon footprint in one go.
The government is keen to see new and innovative projects being developed to deliver green energy in the UK as it looks to cut the UK's overall carbon emissions.
Energy and climate change minister Ed Miliband has previously spoken of the need to embrace a wide variety of technologies to help Britain cut its reliance on fossil fuels to meet its energy needs.
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