Scottish projects in line for European funding

Popular Articles

WoREA Media Partnerships
WoREA Media Partnerships
If you are interested in becoming a Media Partner with WoREA, please use the email link below. A member of our team will be in touch to discuss your event.

The UK's Department for Energy and Climate Change has shortlisted seven Scottish projects for European Investment Bank (EIB) funding worth £3.9 billion.

The eventual awards, part of the European Union’s new entrant reserve programme, will be decided after a nine month process. The EIB will select up to three projects to receive financial backing.

The Scottish projects include carbon capture and storage projects at Hunterston in Ayrshire, Peterhead and at Longannet in Clackmannanshire.

Renewable projects in Scotland included the Hammerfest Strom tidal turnbine in the Sound of Islay and the Kyle Rhea Tidal Turbine Array off the coast of Islay.

The MeyGen Tidal Stream Project and the Pentland Orkney Wave Energy Resource (POWER) scheme in the Pentland Firth.

The seven Scottish projects are shortlisted along with another five renewable energy projects from around the UK.

Source: Scottish Development International

- Advertisement -

More articles

Latest articles

- Advertisement -