The Offshore Renewable Energy (ORE) Catapult centre will focus on offshore wind, tidal and wave power.
It was also expected to expand other renewable energies such as wind and wave power.
Plans for a 20 megawatt wave power project on the north west coast of Lewis have been shelved.
Per Hornung Pedersen, chief executive officer of Edinburgh-based developer Pelamis Wave Power, said the funding was a welcome boost.
The device is a hinged flap connected to the sea-bed which uses wave power to deliver high-pressure water to an onshore turbine.
Eventually he believes wave power could supply 20% of the UK's energy needs, the same proportion currently supplied by nuclear.
Environmentalists fret that new nuclear plants will come at the expense of eco-friendly technologies such as wind and wave power.
The average wave power measured off Lewis over a one year period, October 2011 to Sept 2012, was 75.5 kilowatts per metre.
The research by the University of Liverpool found that the seabirds fed in nine areas earmarked for tidal, wind or wave power developments.
"We can't forget that it was Nicol Stephen who allowed Portugal to take the wave power initiative in the first place, " he said.
BBC: NEWS | UK | Scotland | Positive waves over power project
Subsidies for renewable energy will be rejigged in the hope of encouraging technologies, such as solar or wave power, that are not yet competitive.
Wave power, carbon-capture technologies and electricity storage could all prove revolutionary.
"This indicates that the wave power resource off the Outer Hebrides is even better than what was thought to be the case, " said Mr Vogler.
Renewable technologies, such as wind power, wave power and biomass power, are a tiny part of the energy mix, and are more expensive than nuclear power.
The ship's power is set to come from solar, wind and wave power with biofuel in case nature doesn't cooperate -- when the vessel isn't adrift via ocean currents.
It has not, for all the hype, taken in any great measure to alternatives such as ethanol and other biofuels or to renewables such as solar, wind and wave power.
But according to his calculations, during storms such as Monday's, the wave power potential down the 124 miles (200km) length of the Western Isles could match the output of 120 Torness-sized nuclear power stations.
Nonetheless, Kolar says that the industry has seen a surge of interest in the last year, particularly from developers who have the capital and experience to deploy full-scale wave energy projects, and from government officials in island countries who see in wave power a clear path to energy independence.
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In addition to those demand response dispatches, Constellation Energy was providing real-time market price information to many of its customers, thus giving them information on the value of curtailing energy use during the heat wave when power prices jumped.
That would force power companies to take more of their supply from green energy sources, like wave and tidal power.
Wave and tidal power companies have been flummoxed by the challenges of building on the ocean.
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The Highlands and Islands has been seen as a prime location for wind, wave and tidal power projects.
The next wave is small power projects in the Pearl River Delta region.
Environment groups who have long bemoaned the slow pace of development on wave and tidal power endorsed the committee's recommendations.
Only wave and tidal power providers have experienced more trouble.
FoE Scotland chief executive Duncan McLaren said wave and tidal power could supply a fifth of UK energy needs and that Scotland was ideally placed to generate a significant amount of that energy.
BBC: NEWS | UK | Scotland | Positive waves over power project
Maf Smith, chief executive of green energy trade body Scottish Renewables welcomed the move and said that with the right support wave and tidal power could meet 10% of Scotland's electricity needs by 2020.
BBC: NEWS | UK | Scotland | Edinburgh and East | Boost for marine power projects
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Nuclear power has grown faster over the past three decades than renewable alternative energy sources, such as solar, wave, wind and geothermal power.
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