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United Kingdom Project Notice - Floating Tidal Energy Commercialisation Project (Flotec)


Project Notice

PNR 27011
Project Name Floating Tidal Energy Commercialisation project (FloTEC)
Project Detail The FloTEC project will demonstrate the potential for floating tidal stream turbines to provide low-cost, high-value energy to the European grid mix. The FloTEC project has 5 core objectives: 1. Demonstrate a full-scale prototype floating tidal energy generation system for optimised energy extraction in locally varying tidal resources; 2. Reduce the Levelised Cost of Energy of floating tidal energy from current estimated €250/MWh to €200/MWh, through both CAPEX and OPEX cost reductions in Scotrenewables Tidal Technology; 3. Develop potential of tidal energy generation towards flexible, baseload generation, through the integration of energy storage. 4. Demonstrate the potential for centralised MV power conversion to provide a generic, optimised low-cost solution for tidal arrays 5. Progress tidal energy towards maturity and standard project financing by reducing cost and risk, improving reliability, and developing an advanced financing plan for first arrays. This will be realised through the construction of a M2-SR2000 2MW turbine - which will incorporate the following innovations: 50% greater energy capture through enlarged rotors with a lower rated speed; Automated steel fabrication; Centralised MV power conversion Integrated Energy Storage Mooring load dampers Composite Blade Manufacturing The SR2000-M2 will be deployed alongside the existing SR2000-M1 at EMEC to form a 4MW floating tidal array, serving as a demonstration platform for commercially viable tidal stream energy as a baseload supply.
Funded By European Union
Sector Energy Power Electrical
Country United Kingdom , Western Europe
Project Value GBP 13,711,732

Contact Information

Company Name SCOTRENEWABLES TIDAL POWER LIMITED
Address INNOVATION CENTRE - ORKNEY HATSTON PIER ROAD, CROWNESS BUSINESS PARK KW15 1ZL KIRKWALL United Kingdom
Web Site https://cordis.europa.eu/project/rcn/199964_en.html

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