EU gives backing to Scottish tidal power to develop the next stage of commercial energy
NOVA INNOVATION, a Scottish tidal energy company, has gained EU funding for a new direct drive tidal turbine which it claims could increase the commercial potential of Scotland’s tidal energy sector.
The company, which has won €2.25m of grant funding from the EU Commission, earlier this year had deployed the world’s first fully operational, grid-connected offshore tidal array in Shetland.
Renewable industry observers had feared that the decision to leave the European Union (EU) would result in lower investment in tidal energy given that European institutions have had a key role in Scotland’s sector development.
“We are extremely grateful to the team at the European Commission for their confidence in our technology and continued support following the successful delivery of Phase 1 of the project.” Simon Forrest
Simon Forrest, managing director for Nova Innovation said: “We are extremely grateful to the team at the European Commission for their confidence in our technology and continued support following the successful delivery of Phase 1 of the project. We are looking forward to bringing this innovation to a commercial reality so that it can be exported throughout the world.”
The Direct Drive Tidal Turbine (DDTT) project is designed to demonstrate that Nova’s tidal turbine technology can be commercially viable, competitive and help improve the collective tidal energy profile of Europe. Advisers at the European Ocean Energy Association (EOEA) additionally claim that such an achievement would enable tidal power in Scotland to be the most influential renewable power in the EU.
DDTT will have a total budget of €3.2m and run trials for a period of 30 months.
Forrest added: “We are extremely excited to be embarking on this exciting phase in the commercialisation of our direct drive tidal turbine. This will be a major breakthrough for the sector globally – driving down the cost of tidal energy by improving the reliability, efficiency and maintainability of tidal turbines.
Picture courtesy of Thomas Quine
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