A pioneering tidal power scheme is likely to miss out on UK government subsidies on Monday, throwing into doubt the future of a project intended to prove the viability of marine renewable energy and establish production of subsea turbines in Scotland. Developers of the MeyGen scheme in the Pentland Firth say they may switch their focus to France and elsewhere if, as they expect, their proposed £200m expansion loses out to offshore wind projects in the UK energy subsidy auction. With four subsea turbines installed since last year, the MeyGen scheme has become a key test of the commercialisation of electricity generation from tidal streams and last month claimed world record monthly output of more than 700MWh. But Edinburgh-based developer Atlantis R esources says its plans are threatened by the UK government’s decision in November to force tidal schemes to compete directly with larger and technologically more mature offshore wind projects.
FT 10th Sept 2017 read more »