Why Fife works for marine energy companies?
Fife has an expanding profile in the Marine Renewable Energy sector and a long and proud history of engineering excellence, including in the offshore energy industry.
Deep-water ports, benign coastal environments, an experienced, competitively priced workforce and well-developed transport and digital communication infrastructures combine to make Fife an attractive proposition for enterprises across the marine energy sector.
- The World Energy Council estimates the total market potential for wave energy alone to be in excess of 5,000 TWh/year, representing a capital expenditure of over £500 billion.
- Scotland’s seas encompass up to 25% of the Europe’s tidal power, 10% of its wave power and 25% of its offshore wind resource.
Add to this the mutual support to be gained from existing clusters of related, world-leading design, manufacturing, servicing and supply businesses and Fife becomes the natural choice for any operation aiming to excel in marine renewables.
