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8:01am 15th December 2013

A forty million pound renewable energy scheme in Cornwall may be just the start.

Pirate FM told you how ten thousand homes will be powered using new technology fitted to Hayle's wave hub.

Consultant Robert Rawlinson-Smith told Pirate FM it will lead to new jobs: "I think there is scope for gigawatts of power. We've now got the new nuclear power station in Somerset which will be 2GW. We're talking of a similar sort of level of capacity in wave and tidal and offshore wind can bring to the south west. So clean sustainable, long term power with the jobs that go with it."

He added that this could just be the start: "Both the tidal stream and the wave also offshore wind is available. Onshore wind as well. So the combination of all those resources along with the technical capabilities that are available both in companies but also academically."

St Ives MP Andrew George, who has strongly backed the project, said: "This is brilliant news for our area. This means jobs, investment and the prestige of having the chance to become a world leader in marine renewable energy generation.

"I congratulate all who have put so much into making this happen and to the Government for understanding that this sector needs consistent - not changing - policy commitment and the certainty and confidence this brings to investors.

"I understand that Seatricity will deploy a single device next summer and, if all goes well, an array of devices will be deployed in 2015."

8:01am 15th December 2013

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