Report – December 1, 2010

On Monday November 17, Paul Auston, Des Crampton and Sir Roger Moate met with Charles Hendry MP – the Minister of State in the Department of Energy and Climate Change in Whitehall London to brief the minister on the rapid progress to date of the Anaconda wave energy converter. A number of issues were covered in an extensive and wide-ranging discussion including future financing, investor awareness,employment opportunities, feed in tariffs and ROCs.

The Minister expressed his admiration of the work being carried out in marine renewables. He was supportive, helpful and enthusiastic and offered important guidance that will be of assistance as the project moves forward on the road to commercialisation. The Minister underscored the Coalition Government’s position to support, in a constructive and proactive fashion, the fledgling marine renewables industry and he noted, that assisted by The Carbon Trust, very promising results had been achieved demonstrating that Anaconda has serious potential to drive down the cost of energy in the sector.

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