DCNS, Chilean government sign joint statement for marine and hydrokinetic research

DCNS MERIC Agreement

An agreement signed by Chilean and French officials in Paris this week will help Chile develop its Marine Energy Research and Innovation Center (MERIC).

The joint statement was signed by Chilean Minister of Energy Maximo Pacheco, Chilean economic development agency CORFO vice-president Eduardo Bitran and DCNS SA CEO Herve Guillou in the presence of Chilean President Michelle Bachelet and French President Francois Hollande.

The agreement "illustrates the Chilean government's commitment to co-finance the development of marine energy research and technology in Chile," DCNS said, while also confirming the company's status as a leader in wave and tidal energy development.

"The creation of MERIC will strengthen both the knowledge of Chilean actors in marine energy and DCNS know-how in site development and technology adaptation," Guillou said. "Our ambition is to develop long-term partnerships with Chilean companies and universities in order to build a hub for innovation in marine energies in the country."

HydroWorld.com reported in November that DCNS and Italy's Enel Green Power S.p.A. had signed an agreement to build MERIC as part of Chile's International Centre of Excellence (ICE).

The eight-year project is supported by approximately US$20 million in cash and in-kind funding. CORFO will provide significant money and expertise in the venture that will conduct research and development activities on marine hydrokinetics technology (MHK), taking into account the specific natural conditions of the Pacific Ocean in Chile.

"Chile has excellent natural conditions for the development of energy from the seas that we must seize," Bitran said. "We have a great opportunity not only to investigate about marine energy, but to develop related industries and services with this technology. The agreement involves the government's commitment to co-finance the development of applied research and technology in our country."

MERIC will benefit from the support of the Chilean development organization Fundación Chile, the research and development foundation INRIA Chile, research institutions Pontificia Universidad Católica de Chile and Universidad Austral de Chile, as well as Enel Group subsidiaries Chilectra and Endesa Chile.

By 2019, MERIC hopes to have experience and a consolidated infrastructure that may allow the organization to provide services to local and international industry interested in testing MHK technologies in the Chilean marine environment.

A 2009 study by the Inter-American Development Bank (IADB) said Chile has a particularly high potential for wave and tidal energy development, with more than 4,000 kilometers of coast open to the Pacific ocean.

For more marine and hydrokinetic news, visit here.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs