TY - RPRT
TI - State of the Sector Report 2024
AU - Marine Energy Wales
AB - Marine Energy Wales’ latest State of the Sector Report collates spending and economic data from its network of members, and highlights and celebrates Wales’ progress and achievements within the industry over the past 12 months.This year’s report shows tidal stream emerges as by far the biggest contributor to date, injecting £116.1 million into the Welsh economy since 2019. Much of this has been fuelled by the infrastructure buildout at Morlais on Anglesey and the activity of tidal kite developer Minesto. It is closely followed by supply chain spend, which accounts for £63.6 million to date.One of the UK’s fasting growing industries, the marine renewable energy sector is proving to be having a significant impact on economic development and regeneration in Wales’ coastal communities, with Anglesey and Pembrokeshire at the forefront of marine energy development in Wales. Anglesey is currently leading the way, with an impressive £103.8 million invested to date, followed closely by Pembrokeshire at £97 million.The latest figures also show the sector sustains 429 full-time jobs in Wales, spanning a diverse range of roles, and an improving gender balance across the industry. 
DA - 2024/07//
PY - 2024
SP - 36
UR - https://www.marineenergywales.co.uk/industry-news/2024-state-of-the-sector-report/
LA - English
KW - Marine Energy
KW - Wind Energy
KW - Floating Offshore Wind
KW - Human Dimensions
KW - Social & Economic Data
ER -