From Energy Voice yesterday:
‘A new report has forecasted that Scotland’s marine economy will grow seven-fold to be worth £5billion by 2035 if it can successfully develop key industries. The document, produced by Highlands and Islands Enterprise (HIE), sets out “enormous potential” for developing wave and tidal energy, aquaculture and marine biotechnology in the region.’
Within the report we read:
‘The research sets out that the region is the world’s third largest salmon producer, with the industry in Scotland seeking to double the value of production to £3.6bn by 2030. Meanwhile wave and tidal energy could be worth up to £800m to the UK by 2035, with a quarter of Europe’s potential tidal stream energy based in Scotland.’
Earlier reports on Scotland’s marine economy reinforce the above optimism:
With only 8% of the population, Scotland’s maritime sector accounts for 25% of the UK maritime sector’s (GVA) contribution to the economy and is 17.5% more productive than the UK marine oil and gas sector. Once more, too wee, too poor?
Finally, for a comprehensive statistical account, see this: