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Prize to reward renewables innovation Print E-mail
Thursday, 16 August 2007

The first Saltire Prize for innovation in industry will be awarded to the best development of new renewable energy technology. 

Making the announcement yesterday, Cabinet Secretary for Finance and Sustainable Growth John Swinney said stimulating Scottish business to take advantage of Scotland’s huge potential in the renewables sector was vital.

“Scotland has a huge renewable energy potential – enough to meet its demand for power almost 10 times over.  Our coastal geography and tidal channels mean we can be a world leader in new wave and tidal energy technologies. The Scottish Government is determined to support these new technologies wherever possible – both to help tackle climate change and to increase sustainable economic growth.

“Clean, sustainable energy is vital to Scotland's future – to secure power supplies with fewer emissions. Innovative work which will help us to deliver this will be rewarded, both through the first year of the Saltire Prize and with the support of the Scottish government wherever possible.”

The Saltire Prize will be an annual award that provides funding to projects that demonstrate the best of innovation in different areas of industry and business.

Commenting on the announcement, Nanette Milne MSP, Shadow Minister for the Environment, said:

“We are concerned that in Scotland the current subsidy regime for renewable energy is leading to the over-development of on-shore windfarms, which is putting this stability and security in jeopardy. We want to seek to adapt the renewables obligation system to incentivise other renewable supplies like wave energy and biomass. I look forward to seeing the ideas on offer and hope they can lead the way for renewable technology.”

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