The Technology Strategy Board is to invest up to £3m in innovative collaborative research, development and demonstration in the area of wave and tidal stream energy technologies.

This competition is targeting precommercial full-scale devices installed and operating in the sea, including those supported by Carbon Trust's Marine Renewables Proving Fund (MRPF). The scope includes verifying performance; improving reliability in a real environment;
and developing installation, operation and maintenance methodologies.

The competition is open to wave and tidal stream device manufacturers, and also to collaborations that will develop the UK supply chain and the skills needed to deploy these technologies.

It complements the March 2010 competition 'Wave and tidal stream energy technologies: reducing costs and improving performance' (see our website at www.innovateuk.org under Competitions).

Both competitions complement the MRPF, and together they aim to advance wave and tidal technologies along the innovation chain to grow business opportunities and achieve the Government's renewable energy targets.