A major scheme to install 8MW of tidal energy capacity in The Channel is to go ahead, after European Agency Interreg today gave the green light to the €46.8m scheme. The Tidal Stream Industry Energiser Project, known as TIGER, will install a range of tidal turbine schemes around the Channel in order to scale the manufacturing and supply chain for tidal energy technology. Eventually the hope is that economies of scale and technology advances will allow tidal energy to compete with other renewables such as wind and solar on costs. The European Regional Development Fund is contributing €28m towards the TIGER project. “This is a hugely ambitious project that will demonstrate the benefits of harnessing tidal energy on a large scale,” explained Carolyn Reid, programme manager for Interreg France (Channel) England Programme. “The long-term aim is to support the industry to reduce generating costs of tidal stream energy from the existing 300€ MW/h to 150€ MW/h by 2025 and increase uptake. There is an EU target to reach 100€/MWh by 2030.”
Business Green 16th Oct 2019 read more »
Renewable Energy experts from the University of Exeter will play a pivotal role in a new “game-changing” tidal energy project, it has been confirmed. The £40 million collaborative project, called TIGER (Tidal stream Industry enerGisEr pRoject), received official approval today (Wednesday, October 16 2019). The ambitious project aims to drive the growth of tidal stream energy (TSE) by developing new technologies to exploit the potential of tidal stream energy. It will also extend the existing tidal capacity of sites around the Channel region by 2.8 MW – enough to supply the average power requirement for almost 6000 homes for an hour – with the potential to add a further 5 MW. The project, which received €28 million from the European Regional Development Fund, is coordinated by the Interreg France (Channel) England Programme.
Exeter University 16th Oct 2019 read more »