Scotrenewables bags EU cash
European Commission grant €10m to help commercialise floating tidal array
The European Commission’s Horizon2020 programme has awarded Scotrenewables a grant of €10m to help commercialise its floating tidal energy technology.
The money from the deal, first reported in November's subscriber-only reNEWS, will aim to advance Scotrenewables’ current 2MW floating tidal technology, the SR2000, with the development of a mark two turbine.
The SR2000-M2 prototype will be installed alongside the SR2000-M1 at the European Marine Energy Centre tidal test site at the Fall of Warness in Orkney.
The project – Floating Tidal Energy Commercialisation (FloTEC) – will form a 4MW floating tidal array to serve as a demo for commercially viable tidal energy.
Other partners involved in FloTEC include DP Energy, Harland and Wolff Heavy Industries, ABB, EireComposites, Technology from Ideas, University College Cork, and SKF.
Scotrenewables Tidal Power business development manager James Murray said: “The ambition of FloTEC is to drive down the cost of tidal energy through the delivery of a number of targeted innovations on an enhanced variant of Scotrenewables’ SR2000 floating tidal turbine.
“Engineering will commence in early 2016 and will include advanced power conversion hardware, low cost manufacturing technologies, load reduction mooring components and integrated energy storage.”
Image: the SR2000-M1 (Scotrenewables)