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Race for Scotland's $15 Million Marine Energy Prize Begins

ocean

Solving our energy crisis requires serious manpower— and serious incentives. That’s why Scotland has launched the $15 million (€10 million) Saltire Prize Challenge to create commercially viable wave or tidal power.

In order to win the award, teams have to prove out their technology in Scottish waters. The winning team is required to supply sea power for a two year period.

Ocean power is a big deal for Scotland, which has been called the “Saudi Arabia of marine energy”. The country holds a quarter of Europe’s wave power potential.

But while Scotland will certainly reap the majority of the benefits from the contest, other countries with lesser ocean power potential will still be able to make use of the technology— once marine power is economically viable, it will become much more attractive to nations around the world.

Photo Credit: NREL

 

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Written By

was formerly the editor of CleanTechnica and is a senior editor at Co.Exist. She has contributed to SF Weekly, Popular Science, Inhabitat, Greenbiz, NBC Bay Area, GOOD Magazine, and more. A graduate of Vassar College, she has previously worked in publishing, organic farming, documentary film, and newspaper journalism. Her interests include permaculture, hiking, skiing, music, relocalization, and cob (the building material). She currently resides in San Francisco, CA.

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