Summary
There is 10GW of predictable, high-value tidal stream energy potential in European waters, with up to 100 GW of capacity globally . This is an almost entirely unharnessed clean energy resource, with just 13 MW currently deployed . Transitioning European market leading technologies from single deployments, up to farm scale, is the next milestone in harnessing this clean, predictable, secure, domestic energy resource. EURO-TIDES has been developed specifically to address the call topic by delivering a 9.6MW farm of four 2.4MW Orbital tidal energy devices of the same series. The farm will operate in full operational conditions for 15 years, deploying in 2027. The EURO-TIDES consortium will work collaboratively to deliver six ambitious objectives and drive the sector forwards:
1. De-risking tidal energy technology development by delivering a 9.6MW pilot farm and three pilot farm system innovations; reducing Levelised Cost of Energy (LCOE) of Orbital’s floating tidal technology from €120/MWh to
1. De-risking tidal energy technology development by delivering a 9.6MW pilot farm and three pilot farm system innovations; reducing Levelised Cost of Energy (LCOE) of Orbital’s floating tidal technology from €120/MWh to
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More information & hyperlinks
Web resources: | https://cordis.europa.eu/project/id/101136085 |
Start date: | 01-12-2023 |
End date: | 30-11-2029 |
Total budget - Public funding: | 3 653 620,00 Euro - 3 192 720,00 Euro |
Cordis data
Original description
There is 10GW of predictable, high-value tidal stream energy potential in European waters, with up to 100 GW of capacity globally . This is an almost entirely unharnessed clean energy resource, with just 13 MW currently deployed . Transitioning European market leading technologies from single deployments, up to farm scale, is the next milestone in harnessing this clean, predictable, secure, domestic energy resource. EURO-TIDES has been developed specifically to address the call topic by delivering a 9.6MW farm of four 2.4MW Orbital tidal energy devices of the same series. The farm will operate in full operational conditions for 15 years, deploying in 2027. The EURO-TIDES consortium will work collaboratively to deliver six ambitious objectives and drive the sector forwards:1. De-risking tidal energy technology development by delivering a 9.6MW pilot farm and three pilot farm system innovations; reducing Levelised Cost of Energy (LCOE) of Orbital’s floating tidal technology from €120/MWh to
Status
SIGNEDCall topic
HORIZON-CL5-2023-D3-01-08Update Date
12-03-2024
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