Construction of world’s largest tidal energy scheme set to begin
Published 05 Jan 2015Construction work on the world's largest tidal energy project is set to begin next month, developers have announced.
Atlantis, majority owner of the MeyGen project, said it has finalised conditions for its first drawdown from the scheme's financial backers.
The 269-turbine installation, which is expected to power 175,000 homes, will be built in the Inner Sound of the Pentland Firth. Construction is expected to begin at the Ness of Quoys near the village of Mey in Caithness in January.
Atlantis have secured more than £51m in funding for the first phase of the project, including £17.2m from the Scottish Government.
In an announcement to investors, Atlantis said: "The major construction and supply contractors to this iconic project have commenced design, engineering and procurement works in readiness for commencement of onshore construction at the project site in January 2015."
Developers Atlantis have announced a 25-year seabed lease for the MeyGen scheme near Orkney. The 269-turbine installation, which is expected to power 175,000 homes, will be built in the Inner Sound of the Pentland Firth.
WWF Scotland director, Lang Banks, added: "It's great to hear that this important renewable energy project is soon to begin moving forward.
"It has been estimated that wave and tidal power could provide 20% of the UK's electricity and Scotland is well placed to lead in developing the technologies to turn this potential into a reality while creating new green jobs at the same time.
"Alongside energy-saving measures, marine renewables projects like this one will have a critical role to play in helping Scotland reduce climate emissions as we phase out polluting fossil fuels and nuclear power."
Source: STV NEWS