REA responds to BNEF

Despite the fact that Bloomberg New Energy Finance (BNEF) has recently revised down its projections for growth in the global wave and tidal sectors, according to the UK industry body the Renewable Energy Association (REA), the UK is still the world leader in developing marine renewable energy.

Could wave power herald a bright future for UK renewables? (Photo: Wave Dragon)

Despite the fact that Bloomberg New Energy Finance (BNEF) has recently revised down its projections for growth in the global wave and tidal sectors, according to the UK industry body the Renewable Energy Association (REA), the UK is still the world leader in developing marine renewable energy.