Less than a decade ago, Timothy Cornelius, the head of the tidal-power venture Atlantis Resources, struggled to get investors and regulators to return his calls. Now, as he formally unveils the world’s largest tidal-stream project under construction, he can hardly fend them off. “The level of interest has been almost unmanageable,” Mr Cornelius complained happily of the requests for visits and meetings. The interest reflects the importance for the nascent tidal sector of Atlantis’s 398MW MeyGen project between the Scottish mainland and Orkney Islands. Success will demonstrate that tidal power has finally become a serious option.
FT 12th Sept 2016 read more »
Scotland will be home to the world’s first ever large-scale tidal stream farm as part of a drive to develop Scotland’s marine renewables industry, creating jobs and investment. This will be the key message today from Scottish First Minister Nicola Sturgeon when she visits the MeyGen project, owned by Atlantis Resources, to see the first turbines in the planned tidal stream array on a visit to the Highlands The first phase of the project, developed with £23 million Scottish Government funding, is expected to further develop the marine renewables industry and open up vital skilled job opportunities for those who are moving from the oil and gas sector.
Scottish Energy News 12th Sept 2016 read more »
Scotland’s tidal energy sector needs more clarity from the UK government if it is to maintain its world leading status, according the director of energy and low carbon at Highland and Islands Enterprise. Calum Davidson said that the French and Canadian governments were among those backing the expected growth in electricity from the seas. Last month Nova Innovation became the first company to install a working commercial tidal array which is generating power for the grid with two of its turbines running off the Shetland Islands. This week Atlantis Resources is expected to unveil its first turbines at the Meygen scheme in the Pentland Firth. That is the largest commissioned tidal stream energy project in the world. Mr Davidson believes that the UK is in pole position to capitalise on the growth in marine energy and is well placed to captu re much of the manufacturing and supply chain which will go with it, but he wants the UK government to confirm the prices and subsidies which will be paid to generators of tidal energy.
Times 12th Sept 2016 read more »