Atlantis Resources has confirmed that it will go ahead with the development of the second phase of its MeyGen tidal energy project off the north coast of Scotland.
The investment decision comes after the company carried out a competitive tender for the construction contracts of the project, MeyGen Phase 1B.
This will enable the project to proceed to construction next year, it said.
MeyGen phase 1B, like phase 1A, will consist of four 1.5MW tidal turbines.
It will include larger diameter rotors to capture more energy from the tidal flow, as well as optimised turbine power ratings and drilled foundations.
The machines will be provided by Marine Current Turbines, which was purchased by Atlantis from Siemens in 2015.
“The lessons we have learned from Phase 1A and the confidence it has given to both us and our supply chain allow us to deliver significant improvements and refinements in this next phase,” Atlantis chief executive Tim Cornelius said.
“We believe these improvements will yield more electricity for each pound of investment and represent a material step down our cost reduction curve,” he said.
Image: Atlantis Resources
Atlantis green lights MeyGen 1B
Investment decision enables the construction of 6MW phase next year
By EBS