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Government made £47.42m in expenditure, in the form of aid, to support research into tidal and wave energy, in the United Kingdom, in the years 2010/11—2012/13. In addition, Government made direct investments to develop offshore testing facilities, such as Wavehub, in the South West of England.
|Funding organisation||2010/11 (£m)||2011/12 (£m)||2012/13 (£m)|
|Research Councils UK||8.04||2.38||4.28|
|Energy Technologies Institute*||2.34||3.42||3.30|
|Technology Strategy Board||3.50||4.19||3.29|
|Department of Energy and Climate|
* The Energy Technologies Institute (ETI) is a public-private partnership. 50% of the ETI's funding is received from the Department for Business and Innovation's (BIS's) sponsored Technology Strategy Board (TSB) and Research Councils UK (RCUK). The figures provided only represent the public contribution to the ETI for expenditure on tidal and wave energy.