Nova forms Welsh tidal team
Link up with YnNi Llyn to develop project at Bardsey Sound in Wales
Tidal energy company Nova Innovation has teamed up with Welsh outfit YnNi Llyn to develop a tidal energy project at Bardsey Sound off the Llyn Peninsula in north Wales.
The Crown Estate has awarded Nova Innovation an ‘agreement for lease’ for the project allowing it to start exploring the project’s potential through site surveys and studies to inform the technical feasibility.
A full lease will be awarded only once all of the required consents have been secured, Nova said.
An environmental impact assessment (EIA) will also be carried out as part of the consenting process, it added.
The partners expect the assessment of the feasibility and viability of the project, as well as the EIA will take approximately one year to complete.
YnNi Llyn will support Nova through the development of the project, and in parallel will be exploring opportunities for local use of the electricity generated.
The partners have signed a memorandum of understanding and will hold several public exhibitions and workshops where stakeholders and interested parties can provide feedback on the plans.
Nova Innovation commercial manager Joseph Kidd said: “The project will provide significant opportunities for the local supply chain and help support the economic development of the local area.
“Nova and YnNi Llyn will be working together to make sure the local community is properly engaged, and that opportunities for maximising community benefit are fully explored.”
Once all of the assessments are completed, the partners will submit a marine licence application to the regulator Marine Resources Wales.
It typically takes a further year for the regulator to assess the application and make a decision, Nova said.
Image: Nova Innovation