Top news, July 10 – 16, 2017
- Business & Finance
Tidal Energy Today has compiled the top news from tidal and wave energy industry from July 10 – 16, 2017.
Atlantis Resources has reinstalled and reconnected two of the four turbines of the MeyGen tidal array Phase 1A project. Before the end of the first week of being in operation, the turbines have generated more than 100MWh of clean energy to the UK grid. The third and fourth turbines for the Phase 1A of the MeyGen project are expected to be installed in August.
Spanish tidal energy developer Magallanes Renovables is reportedly planning to next week start the sea trials of its 2MW Agir platform off Galicia, Spain. Following the launch and initial tests at the estuary, the platform will be fitted with two-side oriented turbine blades which are 19 meters in diameter.
The plans to develop the 30MW Perpetuus Tidal Energy Centre (PTEC) off the Isle of Wight have been postponed. The decision to halt further development of PTEC came as the center was unable to rival the prices of offshore wind in the latest UK government’s contracts for difference (CfD) auction.
Swansea tidal lagoon investors have reportedly decided to put off further investments in the proposed £1.3 billion project as it could hit delays amid the UK government’s indecisiveness to give it a final go-ahead. So far, more than £200 million has been provisionally committed for the Swasnsea Bay tidal lagoon project by the investors.
Australian Renewable Energy Agency (ARENA) has provided $1.9 million in funding for the study that will create an online atlas, mapping tidal energy nationwide to the nearest 500 meters, a full feasibility study of two high potential sites, and modelling of existing tidal energy devices at these sites.
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