Wave Hub is 'potentially a costly white elephant'published at 10:47 British Summer Time 4 April 2018
Adrian Campbell, Environment Correspondent
BBC Spotlight
The boss of the first company to test a device at the Wave Hub off Hayle says current owner Cornwall Council has "inherited a legacy which is potentially a costly white elephant".
Wave Hub, an undersea "socket", is meant to transfer electricity from wave energy producers to the National Grid.
However, the £42m wave energy facility has used more electricity than it has produced since it was launched eight years ago.
Seatricity had a device anchored at Wave Hub in the summers of 2015 and 2016. Its former managing director, Andy Bristow, said the sector could still benefit the region.
Quote MessageI think marine renewable energy is an industry that could have promoted economic regeneration here in the South West because the technology exist to make it work. I think some unwise investment has been made, and I think that's tarnished people's perception of the industry as a whole."
Andy Bristow
Cornwall Council, which became the owner of Wave Hub last year, said the wave energy sector had not developed as quickly as hoped, but that the local marine sector continues to "grow and thrive".