The Carbon Trust has estimated that between 1 and 2 GW of wave and tidal energy could be deployed in UK waters by 2020. This will be followed by large-scale deployment in the period beyond 2020.
I am grateful to my hon. Friend for his encouraging answer. Taking account of that larger scale deployment, what proportion of our energy needs does he estimate can eventually be produced in that way? Can the aim of reaching that target be accelerated, in order to increase our take from that form of renewable energy?
In the future, as depicted in the low- carbon transition plan last year, our energy will come from a diverse range of sources, including all kinds of renewables, new nuclear power, and clean fossil fuels such as coal and gas with carbon capture and storage. Within that, marine energy has a huge part to play, as was shown in the recent marine energy action plan, which was agreed between my Department and the industry, with the result that the Carbon Trust estimates that there should be about 16,000 jobs directly engaged in wave and tidal stream energy by 2040.