Approval for Pembroke Dock Marine project

The UK and Welsh governments have approved the business case for the £60m Pembroke Dock Marine project.Pembroke Dock Marine is a wave energy demonstration project led by the Port of Milford Haven, with support from Pembrokeshire County Council.Approval of the business case means that it can now start accessing the initial £18m of government funding that has been released to the City Deal programme as a whole.Pembroke Dock Marine is seeking £28m from the City Deal programme in coming years to help leverage a further £32m of public and private funding that it needs.The project is made up of four elements:The Marine Energy Test Area within the Milford Haven Waterway led by Marine Energy Wales, enabling technology developers to test their marine energy devices close to their base of operationA 90 sq km Pembrokeshire Demonstration Zone delivered by Wave Hub Limited that will enable the deployment of future energy generating technologies, including floating windMarine Energy Engineering Centre of Excellence – a technology, innovation and research centre delivered by the Offshore Renewable Energy (ORE) CatapultRedevelopment of land at Pembroke Dock, led by the Port of Milford Haven, for industrial use.