MeyGen Tidal Power Project Secures £17.6M in Grant Funding

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MeyGen Tidal Power Project Secures £17.6M in Grant Funding

The next phase of the MeyGen tidal power scheme has been awarded £17.6M (€20.3M) of grant funding from the European Commission.

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Tidal power firm Atlantis announced the Horizon 2020 grant funding for MeyGen Phase 1B (also known as Project Storma), which will see its Demotide consortium deliver a 6MW turbine array in northern Scotland. Construction will begin this year and first power is expected in 2018.

It comes after the existing MeyGen Phase 1A delivered first power to the grid last November. Together, Phases 1A and 1B complete foundations for a full scale build at the Pentland Firth site, which has an awarded seabed lease for almost 400MW of installed capacity.

“The Demotide project is the next significant step in delivering cost effective, reliable tidal stream generation for Europe,” said Atlantis chief executive Tim Cornelius.

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”MeyGen is the world’s most high profile tidal stream project and we are delighted to be working with the European Commission and this world leading consortium of marine renewable energy experts to ensure that Europe remains at the forefront of tidal power knowledge creation. 

“This project will help the tidal stream industry demonstrate reductions in the price per unit of electricity by increasing the energy yield per pound of investment. Demotide will set tidal on a path to cost parity with offshore wind by 2020.”

It is hoped the project will demonstrate the technical and commercial viability of drilled foundation systems and larger rotor diameter turbines.

Source: New Civil Engineer

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