The European Marine Energy Centre (EMEC) has instigated a consultation with staff to restructure the company
Neil Kermode, EMEC’s managing director the move was necessary as the not-for-profit R&D organisation no longer had access to some EU funding streams.
He said: “Unfortunately, we no longer have access to some of these EU funding streams and many of those projects are coming to an end.
“At the same time, we are seeing a longer-term resurgence in government support for the marine energy sector and the wider net zero agenda in the UK.
“EMEC also has a strong pipeline of technology developers due to demonstrate in Orkney over the next decade and ambitious plans to expand its infrastructure to meet this growing demand.
“However, there is a gap between now and then and having explored various options following the UK withdrawal from the EU Interreg programme, we are now looking to reshape the organisation for a change in funding streams and regrettably this will result in some redundancies.
“We are consulting with our staff on the restructure and will ensure that they receive the support they need as we go through this process.
“The future shape of the organisation will focus on meeting the needs of industry, delivering pioneering R&D at our test sites in Orkney and internationally, and on being here to help marine energy and other low carbon technologies commercialise.”