After years navigating physically and sometimes financially choppy waters, tidal power is on the cusp of commercialisation. Tim Cornelius, CEO of Atlantis Resources, believes gigawatts could be deployed in UK waters before Hinkley C is cooking its first turkey – and if the French government backs its plans – for less money. Atlantis Resources’ 6MW tidal array entered its 25 year operational phase in April, a major milestone for the Pentland Firth MayGen project. To date it has clocked up more than 6GWh and is breaking world records for tidal generation. The baseline may be low, but CEO Tim Cornelius channels Canute with his belief in the inexorable rise of tidal power. The only question in his mind is whether it is developed in the UK or overseas, though the answer need not be binary. France is preparing for a commercial tender in the waters off Normandy and Brittany. Atlantis submitted proposals to the French government this week, suggesting that 1GW could be delivered by 2025 “at a blended price that would be competitive with offshore wind tenders”, according to Cornelius. That sounds optimistic, given the company bid £150/MWh in the contracts for difference (CfD) auction last September, but Cornelius begs to differ. “It is aggressive, but not particularly optimistic. It is halving last year’s CfD bid through relatively simple things,” he says.
The energyst 26th April 2018 read more »
A study by tidal power company Atlantis has concluded that 2GW of tidal energy could be harnessed if a barrier were built between the tip of Normandy’s Cotentin peninsula and the British Channel Island of Alderney. The site, estimated to have the strongest tides in Europe, could begin generating 1GW of energy by 2025, with “potential to create up to 10,000 jobs and attract more than €3 billion of capital investment”, Atlantis said. The money would be spent on more than a thousand 1.9MW turbines along with their foundations and onshore infrastructure. A site at La Raz Blanchard, or the Alderney Race, as it is known in English, would produce energy at a price below that of any offshore wind farm currently under construction in France or in the UK, the company claimed.
Global Construction Review 27th April 2018 read more »
Atlantis Resources is to investigate the feasibility of tidal power off the southwest coast of Japan in tandem with Nagasaki University. A feasibility study will explore the potential for a number of sites in and around the Goto Islands off Nagasaki.
Renews 27th April 2018 read more »