Atlantis, a global leader in the tidal power sector, is in negotiation with the Duchy of Lancaster to become its preferred developer for the proposed Wyre Valley tidal barrage and flood protection project. Atlantis and the Duchy will now enter into a period of negotiation to reach agreement regarding an option for a long-term lease for the proposed site to permit the development of a tidal power scheme with a proposed installed capacity of 160 MW on the Duchy estate between Fleetwood and Knott End. It is currently predicted that the tidal barrage will be capable of producing almost 300 GWh of sustainable energy each year, coupled with flood protection capabilities. It is expected that the process of obtaining all necessary consents to begin development will take approximately three years, but this option agreement would give the necessary rights and access for the majority of the required land.
Scottish Energy News 20th June 2017 read more »