Abstract
The Marine Energy Wales annual State of the Sector Report, released today, highlights the remarkable progress and achievements of Wales in the marine renewable energy sector. With a focus on infrastructure, supply chain, skills, and training, the report showcases Wales’ determination to become a global leader in this field.
Key Highlights
The report unveils a record-breaking £103.4 million investment and spending in the Welsh marine energy sector, nearly quadrupling the previous year’s figures. This surge is attributed to infrastructure expansions that are paving the way for future deployments and sector growth. The report also sheds light on the sector’s employment landscape, gender distribution, and the economic potential of various technologies.