Scotland's First Minister Launches Wave Energy Device

The Oyster launch took place at EMEC's Billia Croo site near Stromness, where the device was installed this summer. Scotland's First Minister was on site to switch on Oyster for the first time. Oyster is now producing power by pumping high-pressure water to its onshore hydro-electric turbine. This will be fed into the National Grid to power homes in Orkney and beyond. A farm of 20 Oysters would provide enough energy to power 9,000 three-bedroom family homes.

Oyster is Aquamarine Power's first demonstration-scale wave energy device. Its performance will now be monitored and the results from the testing will provide a basis for the design of the next-generation commercial-scale Oyster. Oyster is designed to capture the energy found in nearshore waves in water depths of 10-16m. The benefit of Oyster is its simplicity. There are minimal moving parts and all electrical components are onshore, making it robust enough to withstand the rigours of Scotland's harsh seas.

Speaking at the launch, Alex Salmond said: "I'm delighted to see first-hand the full-scale Oyster now installed and operating offshore. This is a key milestone for Aquamarine Power and for Scotland's marine renewables sector.

"Scotland's potential renewables capacity is estimated to be around 60GW. Our waters hold around ten per cent of Europe's wave power potential and as much as a quarter of its tidal power potential. The European Marine Energy Centre (EMEC) provides world-leading test facilities for Aquamarine and other companies to develop the technology needed to harness this huge untapped potential.

"I am delighted to confirm further R&D funding of almost £1m to Aquamarine Power for the development of Oyster 2, which could be installed within two years. Through our investments and initiatives such as the Saltire Prize, the Scottish Government is working to ensure we capitalise on our rich natural resources, to meet our ambitious climate change targets, to create more high-skilled green jobs and to make a substantial contribution to one of the most pressing global challenges."

Martin McAdam, Chief Executive Officer of Aquamarine Power, said: "This is a fantastic day for the wave energy industry and for Aquamarine Power. We have proved what we always believed - that wave energy can produce sustainable zero-emission electricity to power our homes. The UK has one of the best wave resources in the world. Now it also has the best technology.

"The announcement of nearly £1m Scottish Enterprise funding is very welcome and will enable Aquamarine Power to attract further inward investment for the successful development of the next-generation commercial-scale Oyster. This is exactly the kind of support the industry needs. With continued support of this nature we can help decarbonise our electricity supply and build a major, world-beating industry here in the UK."