May 18th & 19th saw the renewables sector come together for the annual All-Energy conference and exhibition in Aberdeen. While developers, manufacturers, enterprise agencies and financiers debated and endorsed the industry's progress in Scotland and pondered on the development of the offshore wind supply chain, the Scottish European Green Energy Centre (SEGEC) felt it prudent to remind delegates that many of the current business models won't deliver the project investment needed in the future.
Bankable Projects Needed
Chris Bronsdon | Scottish European Energy Centre (SEGEC)
With 7 of the 12 UK projects recently put forward by DECC to the EIB for NER300 funding being Scottish, developers such as Aquamarine Power continuing to secure and develop sites around Scotland and inward investment for the development of Offshore Wind coming from firms such as Mitsubishi and Doosan Power Systems, one could easily think that Scotland is punching well above its weight on the delivery of renewable energy.
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