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Marine Energy Park Unveiled

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7:15am 23rd January 2012

The south-west becomes Britain's first Marine Energy Park.

The government wants the virtual site from Cornwall to Bristol to be a world leader in wave and tidal power.

Projects like the wave hub off Hayle already employ 500 people.

It is hoped that total could grow to 5000 in the next five years.

The details are being unveiled later.

Dale Vince runs green energy company Ecotricity: "What's happening with fossil fuels is that the stuff is running out and prices are going up. The price of renewable energy is coming down and they're going to cross over at some point in the very near future. This has the potential to speed that up. The point at which renewable energy is cheaper than fossil fuels, nobody's going to bother with fossil fuels".

Cornwall Council and Plymouth City Council are leading the way in commissioning new projects.

Cornwall Council portfolio holder for economy and regeneration Chris Ridgers says, "Cornwall's marine energy programme is reinforced by more than a thousand years of industrial heritage.

"The land and the sea have provided the foundation of Cornish entrepreneurship in engineering and innovation, recognised across the world. Now, in the 21st century, Cornwall continues to provide the perfect balance between resource, people and infrastructure supporting the South West Marine Energy Park and unlocking the potential of a global industry".

7:15am 23rd January 2012

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