European Marine Energy Centre Initiates Restructuring Amidst Funding Shifts

In response to evolving financial dynamics, Neil Kermode, Managing Director of EMEC, emphasized the necessity of the restructuring initiative. The not-for-profit Research and Development (R&D) organization is grappling with the conclusion of access to specific European Union funding streams, as ongoing projects funded through these channels are nearing completion. Kermode acknowledged a positive longer-term trend