Meeting of the Parliament 26 February 2026 [Draft]
I do not think that we can credibly speak of a just transition while confidence in our existing oil and gas sector is eroded by policy uncertainty and while emerging technologies, including those that are supported by Wave Energy Scotland, are denied the stable investment and the time required for them to become established and scale up.
Withdrawal of the funding might force WES to withdraw from EuropeWave, which would risk project collapse, legal exposure, financial penalties and reputational damage with European Union partners. Does the cabinet secretary accept that the decision to defund WES after 11 years threatens jobs, future investment and Scotland’s international reputation and competitive advantage in marine energy?