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Home » Uncategorized » France ‘sitting on tidal goldmine’
Wave & Tidal

France ‘sitting on tidal goldmine’

EBSBy EBSApril 23, 20181 Min Read
Atlantis launches fresh bond issue

France is sitting on a tidal energy “goldmine” that could see projects totalling 2GW built at Le Raz Blanchard off the Normandy coast by 2027, according to developer Atlantis.  

The company has submitted a strategic plan to the French government outlining how 1GW of tidal power could be delivered by 2025 and 2GW by 2027. 

The plan projects that a 2GW project would attract €3.3bn of investment and create an export market worth €400m a year supporting 10,000 jobs.

Atlantis is seeking the backing of the French government to support supply chain development in Normandy to the help with the former’s plans for a project off the coast.

The plans will require a  “strong local supply chain to fabricate turbines and perform the offshore construction activities” as well as testing and operations and maintenance facilities, Atlantis said.

Atlantis chief executive Tim Cornelius said: “France is sitting on a low cost renewable energy goldmine at Raz Blanchard. 

“Our proposal, if implemented, could quickly create a new industry in France attracting investment in local companies to establish a supply chain capable of delivering more than 1000, 1.9MW tidal turbines along with their associated foundations and the onshore infrastructure.”

Image: Atlantis



Europe France Wave and Tidal
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