Marine energy developer Atlantis receives EC funding for MeyGen second phase

Atlantis Tidal Turbine

Marine energy developer Atlantis Resources Ltd. has been awarded US$24.6 million in European Commission Horizon 2020 grant funding to help design, build and operate the second phase of its MeyGen tidal array.

The 6-MW MeyGen Phase 1B -- also known as "Project Stroma -- will be located in Scotland's Pentland Firth adjacent to the existing 6-MW Phase 1A. The first stage began generating power in November.

The second phase is part of the Demotide project, which is comprised of a consortium consisting of Atlantis-owned Marine Current Turbines, DEME, Innosea, and Queen's UNiversity Belfast.

Demotide is intended to demonstrate the technical and commercial viability of drilled foundation systems and larger rotor diameter turbines, Atlantis said, in an effort to further ready the technology for commercialization.

"The Demotide project is the next significant step in delivering cost-effective, reliable tidal stream generation for Europe," Atlantis CEO Tim Cornelius said.

MeyGen is located in Scotland's Pentland Firth and could ultimately have a capacity of nearly 400 MW, pending expansions after this phase. reported the array had been connected to the 33 kV Ness of Quoys distribution network in June.

Atlantis acquired MeyGen through an all-share deal with MCT last May, which had in turn purchased the majority stake in the company from Siemens in February 2012.

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


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs